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  • Dow +25.09 at 12254.38, Nasdaq +8.05 at 2798.50, S&P +4.83 at 1326.70

Market news

11 February 2011

Dow +25.09 at 12254.38, Nasdaq +8.05 at 2798.50, S&P +4.83 at 1326.70

Stocks recently pulled back a bit from session highs after news of the resignation of Egypt's President Mubarak was digested. They have since regrouped to reclaim gains.
Financials have emerged as a leader in recent trade; the sector is up 1.1%, which is more than double the gain of any other sector. Financials are currently led by regional banks like SunTrust (STI 32.72, +1.13) and Regions Financial (RF 8.07, +0.34). Collectively, regional banks are up 2.2%, which puts the group back near nine-month highs. Regional banks are up 2.6% week to date.

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