The three most active funds and stocks in pre-market trading on the NYSE were SPDR S&P 500 ETF
(NYSEARCA:SPY), Bank of America
(NYSE:BAC), and Gafisa
(NYSE:GFA) as of 9:05 a.m.
1.02 million shares of
SPDR S&P 500 ETF, which was down $0.28, or 0.20%.
Investors exchanged 948,460 million shares of
Bank of America, which was down $0.03, or 0.30%
. Bank of America and JPMorgan have stated
that businesses will need a total of $7.5 billion to rebuild from Hurrican Sandy, according to the Wall Street Journal
Investors also traded
225,570 million shares of Gafisa, which was down $0.12, or 3.16%
. JPMorgan upgraded
Gafisa from Underweight to Neutral.
No positions in stocks mentioned.