Here's Why Capital One Stock Is Rising Today

The stock market was having a strong day on Tuesday, with the Dow Jones Industrial Average and S&P 500 benchmark index both up by more than 1% as of 11 a.m. EDT.

As a whole, the financial sector isn't a standout. The Financial Select Sector SPDR ETF (NYSEMKT: XLF) was up by about 1.5%, outperforming the market, but not exactly by a huge margin. On the other hand, Capital One Financial (NYSE: COF) was higher by more than 5% on the day.

Image source: Getty Images.

Continue reading


Source Fool.com