(August 21, 2008)-Stocks ended the day mixed Thursday after investors largely shrugged off a jump in oil prices and focused instead on a bullish analyst call on Lehman Brothers Holdings Inc. that eased worries about the financial sector.
The price of oil jumped more than $5 a barrel as investors question whether rising tensions with Russia could disrupt energy shipments from the world's second-largest oil producer.
Financial stocks are ending well off their lows after a Ladenburg Thalmann analyst raised his rating on Lehman Brothers to "buy," saying he believes the nation's fourth-biggest investment bank has become a "hostile takeover candidate."
The Dow Jones industrial average ended up 12 at the 11,430 level, while the Nasdaq composite index was down about 9 at the 2,380 level.
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