Financial stocks (XLF +1.3%) rally to the head of the pack among S&P sectors after an early...

|About: Financial Select Sector SPD... (XLF)|By:, SA News Editor

Financial stocks (XLF +1.3%) rally to the head of the pack among S&P sectors after an early slump following Moody’s warning that it could make severe cuts to the ratings of big banks. Hopeful news out of Greece and strong U.S. data are taking priority; and hey, that's just one guy's opinion. BAC +4%, C +2.9%, JPM +1.5%, GS +1.2%, MS +0.8%, RY +0.3%.