71. Similarly, analysts question whether brokerage stocks have much further to rise, given their robust rallies earlier this year. 72. Some analysts said the rally in brokerage stocks could end at the first sign of disappointing earnings. 73. So it was no surprise that banking, technology and brokerage firm stocks plunged early in the day. 74. Such thoughts have led some big holders of brokerage stocks to trim their stakes. 75. Sure enough, investors knocked down brokerage stocks on the news. 76. The announcement triggered a rally in brokerage stocks on expectations the transaction will be the first of a series in which U.S. banks buy brokerage firms. 77. The market has apparently decided that there is no positive answer to that question, and most brokerage stocks have moved sharply lower since Merrill made its move. 78. The same forces -- expectations for falling rates and more mergers -- boosted brokerage stocks. 79. The rise caps a week of gains among brokerage stocks. 80. There are far fewer brokerage stocks, meaning that when Fidelity loses its appetite for them, its departure is likely to be more pronounced. |