Financial Stocks Rise as Moody's Downgrades Largely Better Than Feared (XLF)

June 21, 2012 5:40 PM EDT
Financial stocks are higher in Thursday's after-hours session as investors were fearing the worst related to the Moody's downgrades. After closing the session down 2.2 percent, the Financial Select Sector SPDR ETF (NYSE: XLF) is now down about 1.7 percent.

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