Financials Remain Volatile
With regulators and law makers bogged down in debate on how to deal with the credit crisis and worsening economy, financial stocks have gyrated wildly since the beginning of year.
With regulators and law makers bogged down in debate on how to deal with the credit crisis and worsening economy, financial stocks have gyrated wildly since the beginning of year.
News that the US government is putting together a comprehensive rescue plan caused the Dow Jones US Bank Index to climb over 30% last Thursday and the index held the gains on Friday.