Thursday, August 06, 2009

 

Buyers Active in Financial Sector, AIG Rally Runs

The Financial Select Sector SPDR, which tracks the financial stocks in the S&P 500, added about 1%.

Shares of American International Group continued to rally on Thursday, rising almost 30%. That move follows a more than 60% jump during the previous session for the insurer which is almost 80% owned by the U.S. taxpayer.

Buyers Active in Financial Sector, AIG Rally Runs
Source: MarketWatch

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