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Financials Strengthen; XLF Moves Into Positive Territory
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Financials are moving into the positive: after being down more than 5% today, the Financial Select Sector SPDR (AMEX: XLF), known commonly as the XLF, is now up more than a half a percent.
Also, Citigroup (NYSE: C) and Merrill Lynch (NYSE: MER), which were both down nearly 8% on the day earlier, have now seen positive territory, but sharse have since pulled back of these recent highs. Citigroup is now down $0.03, or 0.20%, to $15.20, and Merrill is back into the black, up $0.13, or 0.50%, to $26.03.
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