Market Roundup

US Financial stocks are lower today followings last week's rally with investors cautious after Fed Chairman Bernanke said in CBS News', “60 Minutes,” that they could buy more US government bonds after announcing previous month's $600 billion asset purchases. The Financial Select Sector SPDR Fund (XLF) lost around 0.40%, after surging more than 5% previous week. Shares of Radware Ltd RDWR advanced around 20% to $39.34, after the Calcalist reported that Riverbed Technology Inc RVBD offered $47 per share for purchasing RDWR. Shares of Sprint Nextel Corp S advanced around 7.7% after the company declared to spend about $5 billion in the coming 3 years for upgrading its older network. The company signed deals with Alcatel-Lucent SA ALU, Ericsson AB and Samsung Electronics Co for its project. The US dollar rose against the major rivals on Monday as the euro-zone officials leaders were all set to meet in Brussels for discussing whether the 750 billion euro ($997 million) safety net is sufficient or needs to be expanded. The dollar index (DXY) rose about 0.55%. Against the dollar, the euro fell around 0.7698%. Read more from Benzinga's Markets.