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08.02.2011 16:21

Dow +25.16 at 12186.79, Nasdaq -0.57 at 2783.79, S&P +1.59 at 1320.64

The headline equity averages are stuck in a fit of choppy trade, but financials have made a strong swing to higher ground in recent action. Financials had been down markedly in the early going, but the sector is now up 0.6%, which puts it comfortably out in front of the broader market.
Within the financial sector, AIG (AIG 42.86, +0.70) shares got a recent lift from news that the company will delay its planned secondary offering. Principal Financial Group (PFG 32.51, -1.19) has had a hard time attracting support, however. The firm posted an earnings miss for its latest quarter.

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