It seems the US financial sector is not much affected by Dow Jones Industrial average plunging below 11,000 mark during the yesterday's trading. It recovered well from its one percent loss on Friday's trading to record a positive growth on Monday's trading. Several companies including Regions Financial Corporation (NYSE: RF), JPMorgan Chase & Co. (NYSE: JPM) and Huntington Bancshares Incorporation (NasdaqGS: HBAN) were trading in the positive territory on Monday.
While Regions' shares were traded at 2.76 percent higher than its Friday's trading, Huntington's shares were up by 3.44 percent with JPMorgan's shares showing a 1.23 percent jump.
Bank of America Corporation (NYSE: BAC) gained 0.17 points to reach 11.30 points amid reports that BOA is marketing $1.5 billion debt tied to Caesars Entertainment Corp, the world's largest casino operator.
Aflac Incorporated (NYSE: AFL) recovered from its down trading earlier in the day to record a 1.20 percent growth during the day's trading. Assurant Inc (NYSE: AIZ) continued its Friday's show to record 0.67 percent growth during the day's trading.
Meanwhile, another regional bank KeyCorp Common Stock (NYSE: KEY) showed positive results as its stocks rose by 2.54 percent during the day's trading. In the meantime, the Financial Select Sector SPDR exchange-traded fund was up by 0.2 percent.
Several financial companies seem to have lost the way during the day's trading. Janus Capital Group Inc (NYSE: JNS) went for a 2.77 percent hit after reports that it has been roped in by the United States federal authorities for insider trading. Discover Financial Services (NYSE: DFS) was down by 0.05 percent at the close recovering a bit from its 2 percent loss during the morning session. Legg Mason Inc (NYSE: LM), which has recorded a drop in its price on Friday's trading, continued its poor performance on Monday as it lost 1.41 percent.
