Financial Stocks Surging into the Close

Financial stocks, which have been beaten down as of late, are surging in the afternoon trading session, shrugging off earlier losses. The best performing financial stocks in the market right now are: 1) Bank of America BAC: Shares of Bank of America are currently trading up 2.5% from yesterday's close to $10.92. The stock hit a 52-week low of $10.43 earlier in the session, but heavy volume buying, which began at 2pm, has pushed shares into positive territory. 2) Goldman Sachs Group GS: Shares of Goldman Sachs are currently trading up 2.5% from yesterday's close to 136.83. The stock has found strong support at $131.50. Shares had traded down to an intraday low of $132.51, but heavy volume buying, which began at 2pm, has pushed shares into positive territory. 3) American International Group AIG: Shares of American International Group are currently trading up 2% from yesterday's close to $28.68. The stock turned positive at 12pm, and is currently trading just below its intraday high of $28.65. Shares recently found strong support at the $27 level. 4) Morgan Stanley MS: Shares of Morgan Stanley are currently trading up 1.6% from yesterday's close to $22.87. The stock hit a 52-week low of $21.88 in yesterday's session. Shares were negative for the entire morning, but heavy volume buying, which began at 2pm, has pushed the stock into positive territory. 5) Citigroup C: Shares of Citgroup are currently trading up 1.2% from yesterday's close to $38.24. The stock found strong support at $36.80 this morning, and has since jumped into positive territory.