Dow Had Its Best Day In Three Months ( FAS, C, BAC, SLV, EXK, ATI, GNA, WOR)
Dow Jones Industrial jumped 200 points in its best day in three months, and S&P 500 gained 23 points after four consecutive days in the red zone. The Biggest gains were seen in Financial sector with 4.3% increase and Basic Materials followed with 3.8%.
Direxion Daily Financial Bull 3X (ETF) (NYSE: FAS), that follows financial related securities in Russell 1000 index, had a huge day with 11.33% increase. Citigroup (NYSE: C) gained 5.64% and Bank of America (NYSE: BAC) jumped 4.40%.
Silver Industry was up 10.1%, and iShares Silver Trust (ETF)
(NYSE: SLV) gained 3.47%. Hecla Mining Company (NYSE: HL) skyrocketed 13.25% and Endeavour Silver Corp. (CAN) (AMEX: EXK) surged 13.01%.
Steel & Iron Industry gained 7.2% and Allegheny Technologies (NYSE: ATI) leaped 6.53%. Gerdau Ameristeel Corporation (USA)(NYSE: GNA) added 4.93% and Worthington Industries, Inc. (NYSE: WOR) soared 4.84%.
