Financial Stocks Up On Mortgage Plan, Short Selling Ban

Financial stocks are higher across the board on an aggressive U.S. government plan to deal with the mortgage crisis. In addition, the SEC has temporarily banned short selling of financial stocks.

Financial Stocks: Washington Mutual Inc. (NYSE: WM), Wachovia Corporation (NYSE: WB), Citigroup (NYSE: C), Morgan Stanley (NYSE: MS), Goldman Sachs Group Inc. (NYSE: GS), JPMorgan Chase (NYSE: JPM), Wells Fargo (NYSE: WFC), Bank of America (NYSE: BAC), Merrill Lynch (NYSE: MER), Financial Select Sector SPDR (AMEX: XLF).

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