Market Update

US financial stocks moved up, with the Financial Select Sector SPDR Fund (XLF) rising about 0.06%. The top gainers in the list included Huntington Bancshares Inc HBAN and SLM Corp. SLM. Medtronic MDT reported that the company's Chairman and CEO William A. Hawkins will retire from the company in April. Hawkins will retire on April 29. MDT announced that it is presently searching for a replacement. Crude-oil futures fell as the US dollar moved up. Oil for January delivery dropped about 0.6%. However, February oil moved down about 0.8%, to $87.85 per barrel. The dollar index (DXY) gained 0.29% to 80.60, up from 80.402 late Friday. Read more from Benzinga's Markets.