NEW YORK (
) -- Financial stocks struggled on Tuesday as several conflicting forces including a weak dollar yet positive earnings from
contributed to the sector's performance.
Financial Select Sector SPDR
was flat at $14.56 at midday.
Mortgage insurers got a boost during the day after Radian Group
. Shares of Radian's stock jumped 17.5% to $8.75 at last check.
( PMI) shares were up 6% to $3.35, while
shares were rising 2.5% to $8.71.
The positive performance of the monoline group comes as one other firm,
Ambac Financial Group
( ABK), was looking at a
A positive earnings report from
fueled shares of the big four payments companies including
higher. MasterCard shares jumped roughly 2% to $245.97.
( WL), slid further on Tuesday after a 40% decline on Monday as investors balked at both the
Wilmington Trust's stock fell 0.7% to $4.18 at last check.
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