Friday, May 30, 2008

Financials Lead Push Higher

The bulls are trying to make a stand as the stock market climbs off the unchanged mark. The financial sector has recovered to a gain of 0.3% after being down as much as 0.7%, which is helping the overall market advance.

Only consumer discretionary (-0.4%) and utilities (-0.03%) remain in the red.

Meanwhile crude oil retreats to a loss of 1.0%, after being up 1.3%. Oil was down as much as 1.5% in overnight trade.

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