Seeking Alpha

U.S. bank stocks (XLF +2%) surge in early trading, responding to rising sentiment that Europe is...

U.S. bank stocks (XLF +2%) surge in early trading, responding to rising sentiment that Europe is moving forward with talks. Among financials in the Dow: BAC +2.3%, JPM +1.9%, AXP +2.9%, TRV +2.6%. Also: AIG +3.4%, MET +2.9%, MS +2.5%. A noticeable outlier is SunTrust (STI -5.3%), the S&P's worst performer following its earnings release.
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