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Market Overview

Benzinga's Sector Leaders (AIG, TXT, PACR)

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Today the market is essentially unchanged, but has been swinging back and forth from the green to the red. Hot sectors for today’s trading session include:

Financials –

- American international Group (NYSE: AIG) up 8.62%
- Amtrust Financial (NASDAQ: AFSI) up 5.92%
- National Bank of Greece (NYSE: NBG) up 5.12%

Conglomerates –

- Textron Inc. (NYSE: TXT) up 1.37%
- ABB Ltd (NYSE: ABB) up 1.21%
- Alleghany Corp. (NYSE: Y) up 1.17%

Transportation –

- Pacer International (NASDAQ: PACR) up 11.14%
- Hub Group (NASDAQ: HUBG) up 5.33%
- Knight Transportation (NYSE: KNX) up 3.33%

It is interesting that the financial sector is leading the industry when a large group of former Federal Reserve people stated that they back the Volcker rule. I believe it is being helped by a few upgrades to key stocks in the sector.

 

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