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US Stocks Surge Before Pulling Back

Despite a surge in U.S. stocks in Friday morning trading, the major averages ended the day higher by only a fraction of a percent as banks and crude oil sold off in later trading. The financial sector helped the overall market early on, with better-than-expected results out of banking giants JPMorgan and Citigroup. "With today's results, we would say the winners are trading, credit conditions and expense management. We would call net interest margin a loser and loan growth...

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