<< Read Full Article
<< Read Full Article
Financial stocks rose early along with the overall market Friday as the House of Representatives moved closer to making the government's proposed rescue package a reality, but after the vote, the sector pulled back from its highs.
The House voted to approve Senate amendments that allowed the Bush administration's bailout plan to proceed by a 263-171 vote. However, traders sold on the news, and the major market averages came off their best levels.
Recently, the KBW Bank index was down 1.4%, while the NYSE Financial Sector index was up 1.8%. The Amex Securities Broker/Dealer index was tacking on 0.6%. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,285.97 | 1,091.93 | 2,172.99 | 33.92 |
Oil *
75.40
|
|
DOWN
104.14
|
DOWN
11.32
|
DOWN
16.62
|
DOWN
0.56
|
10 Yr
3.39%
SPDR Gold
110.95
|
|
-1.00%
|
-1.03%
|
-0.76%
|
-1.62%
|
Data delayed 20 minutes |
Connect with TheStreet