Here's Why Capital One and Discover Shares Are Rising Today
The stock market is finishing a strong week with another rally on Thursday before heading into the long Easter weekend. As of noon EDT, the Dow Jones Industrial Average and the S&P 500 index were both higher by approximately 2%.
The financial sector was one of the markets' brightest spots, with the Financial Sector Select SPDR ETF (NYSEMKT: XLF) up by more than 5%. Some of the major credit card lenders are doing even better. Capital One Financial (NYSE: COF) and Discover Financial Services (NYSE: DFS) had risen by more than 7% and 8%, respectively, as of midday.
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Source Fool.com
