Market news
14.12.2010, 20:14

Dow +57.52 at 11486.08, Nasdaq +6.78 at 2631.69, S&P +2.95 at 1243.41

Stocks have sold off from their session highs following the FOMC statement, and now look to hold their gains. The Dow still leads the way, trading up 0.5%, but the S&P 500 and Nasdaq have slipped to gains of 0.2%.

Financials (-0.5%) have turned negative, and are the worst performing sector in the S&P 500. Weakness in the sector is noticeable in the regional banks as Regions Financial (RF 6.25, -0.30), Huntington Bancshares (HBAN 6.35, -0.31), and First Horizon National (FHN 10.52, -0.40) are the worst performing stocks in the space.

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