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Financials lagged yesterday, but the sector has rallied to a 0.9% gain this session. It strength is underpinned by diversified financial services plays like Bank of America (BAC 12.35, +0.16) and investment banks like Morgan Stanley (MS 25.50, +0.42). Insurance giant AIG (AIG 29.44, -0.26) has failed to find much support, though.
Energy stocks have recovered from their morning decline. The sector is now up 0.5%, thanks largely to leadership from refiners like Tesoro (TSO 26.24, +0.45) and Sunoco (SUN 42.45, +0.60).
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