Market Close – Walt Disney (NYSE:DIS), Sprint (NYSE:S), Bank of America (NYSE:BAC), Cisco (NYSE:CSCO), Wells Fargo (NYSE:WFC)

The stock market took a slight dip at the end of the day, with the Dow finishing down 13.68 points and the S&P finishing down 0.19 points.  Only the NASDAQ had an overall positive day, gaining 5.68 points to finish at 2,332.21.

Walt Disney (NYSE:DIS) is reporting that ABC received its highest ratings in five years with last nights Oscar’s broadcast.  Early ratings are indicating the show received approximately 41.3 million viewers tuning in to watch “The Hurt Locker” beat out behemoth “Avatar” for the best picture award, which is a 23.1 rating.

American International Group (NYSE:AIG) and MetLife (NYSE:MET) both had a very good day after announcing the $15.5 billion deal for AIG’s American Life Insurance Company (ALICO).  AIG climbed up 5.44% to end at $29.61.

In banking news, Citigroup (NYSE:C) jumped 0.24%, Bank of America (NYSE:BAC) climbed 0.96%, and Wells Fargo (NYSE:WFC) fell 0.07% in what can only be described as an overall slow news day for the American banking giants.

In tech news, Sprint (NYSE:S) climbed 3.66 percent while competitor AT&T (NYSE:T) rose 1.2 percent Verizon (NYSE:VZ) released a statement saying that it’s 4G tests in the Boston and Seattle markets went over successfully, and it’s stock rose 1.37% as a result.  Yahoo! (NYSE:YHOO) ended the day up 2.6%, while competitor Google (NYSE:GOOG) was down 0.31%.  Cisco Systems (NYSE:CSCO) had the best overall day on the market, rising 3.65% to end the trading day at 26.13.