Major bank stocks surrendered a portion of the gains they piled up last week after the Federal Reserve sliced interest rates.

The biggest loser was BankAmerica Corp., which slipped $1.625 a share, to $44.625. Chemical Banking Corp. fell $1, to $37.875; NationsBank Corp., $1, to $48.375; and Wells Fargo & Co., $1.25, to $74.25.

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