WASHINGTON (dpa-AFX) - After coming under pressure in the previous session, financial stocks have shown a strong move back to the upside during trading on Friday.
Reflecting the strength in the financial sector, the NYSE Arca Broker/Dealer Index and the Dow Jones Banks Index are up by 2.3 percent and 1.9 percent, respectively.
The gains by financial stocks come as German financial giant Deutsche Bank (DB) is rebounding after falling sharply during trading on Thursday.
Copyright RTT News/dpa-AFX