• Research : Economy
  • Filed : Hedge

Stock Sectors: Financial

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Considering their swoon during the past several months, it’s tempting to believe the worst is over for financial stocks. Several top fund managers think it’s time to buy. financial stocks

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NEW YORK - US stocks edged up Thursday, led by financial shares, which were buoyed by a positive report on banking giant Goldman Sachs. financial stocks

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Toronto’s main stock index shot higher on Friday, led by commodity-related issues, after upbeat U.S. home sales data and comments by Federal Reserve Chairman Ben Bernanke sparked optimism about an economic recovery.

Charles Schwab’s daily market update includes stock market and financial market updates. Learn more at Schwab.com.

Stocks surged and oil prices touched a high for the year above $74 a barrel as Federal Reserve Chairman Ben Bernanke told investors what they wanted to hear: The economy is indeed on the verge of recovery.

Considering their swoon during the past several months, it’s tempting to believe the worst is over for financial stocks. Several top fund managers think it’s time to buy.

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