The stock market sold off sharply Friday but, in a break from the recent pattern, bank stocks were not hit as hard as equities in general. The Dow Jones industrial average fell 50.79 points to 3,254. 1 0.
The deepest declines among the major banks were at Bank of New York Co., down $1.125, to $40.875; Fifth Third Bancorp, down 87.5 cents, to $51.125; Comerica Inc., down 87.5 cents, to $59; and Bancorp Hawaii, down $1.125, to $44.75.
But, unlike last Wednesday's rout, a number of banks posted gains or only modest declines.