Dow +29.67 at 12119.47, Nasdaq +0.93 at 2746.56, S&P +2.84 at 1312.97

Market news

8 March 2011

Dow +29.67 at 12119.47, Nasdaq +0.93 at 2746.56, S&P +2.84 at 1312.97

Financial stocks have run ahead to a collective 1.2% gain. Bank of America (BAC 14.22, +0.19) has been a leader in the move, but regional plays Regions Financial (RF 7.48, +0.07) and PNC Financial (PNC 61.67, +0.97) have complemented the effort.
Leadership from the financial sector has helped lift the broader market out of negative territory. Recent pressure against oil prices has also been a catalyst for broad market buying.

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