Huntington Bancshares Inc., parent company of Huntington National Bank, said Friday that it will pay $338.9 million for subordinated bank notes tendered for an offer that expired Thursday.

The Dow topped 9,000 for the first time since January as investors shrugged off a rise in jobless claims and cheered earnings from Ford and 3M. A third straight rise in existing-home sales also buoyed the market.

The Dow topped 9,000 for the first time since January as investors shrugged off a rise in jobless claims and cheered earnings from Ford and 3M. A third straight rise in existing-home sales also buoyed the market.

Stocks rallied Thursday as investors shrugged off a rise in jobless claims and focused on encouraging earnings from Ford and 3M. A third straight rise in existing-home sales also buoyed the market.

Futures indicated a slightly higher open for Wall Street Thursday ahead of another vast amount of earnings reports.

Credit ratings agency Standard & Poor's on Wednesday cut ratings on 18 banks amid concern about further weakening in the financial sector.

Big banks aren't the only ones under stress—their smaller competitors also need to raise billions in capital to meet tighter government standards but may have trouble doing so, some analysts believe.