The market is doing well so far today. The Nasdaq has risen 0.5%; the S&P 500 has moved up 0.6%; and the Dow is trading up 0.5%. The financial sector is the category of stocks containing firms that provide financial services to commercial and retail customers. This sector includes banks, investment funds, insurance companies and real estate. Financial services perform best in low interest rate environments. A large portion of this sector generates revenue from mortgages and loans, which gain value as interest rates drop. Furthermore, when the business cycle is in an upswing, the financial sector benefits from additional investments. Improved economic conditions usually lead to more capital projects and increased personal investing. New projects require financing, which usually leads to a larger number of loans.

Outperforming the market overall, the Financial sector (XLF) is up 1.4% and its biggest movers so far today are:


CompanyMarket CapPercentage Change
Infinity Property and (Nasdaq:IPCC)$636.6 million+3.1%
SVB Financial (Nasdaq:SIVB)$2.39 billion+2.6%
Goldman Sachs (NYSE:GS)$56.09 billion+2.3%
T Rowe (Nasdaq:TROW)$16.31 billion+2.2%
ACE (NYSE:ACE)$26.95 billion+1.9%
Hilltop Holdings (NYSE:HTH)$789.7 million-1.9%
Sun Life Financial Inc (NYSE:SLF)$16.83 billion-1.8%
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Infinity Property and (Nasdaq:IPCC) has risen 3.1% and is currently trading at $56.25 per share. So far today, 4,439 shares have changed hands, on pace to finish the day below yesterday's volume of 23,509 shares.

SVB Financial (Nasdaq:SIVB) is at $55.15 per share after an increase of 2.6%. So far today, 80,692 shares have changed hands.

Goldman Sachs (NYSE:GS) is currently trading at $122.12 per share, a 2.3% increase. At 2.1 million shares, the company's volume so far today is in line with the current daily average.

T Rowe (Nasdaq:TROW) has moved up 2.2% and is currently trading at $65.37 per share. So far today, the company's volume is 555,473 shares. This is in keeping with the average volume over the past three months.

ACE (NYSE:ACE) has increased to a share price of $80.84, a 1.9% rise. This morning, 696,977 shares have been traded, consistent with the volume from yesterday.

Hilltop Holdings (NYSE:HTH) has decreased to $13.75 per share, a 1.9% fall. The company's volume for the day so far is 170,393 shares.

Falling 1.8%, Sun Life Financial Inc (NYSE:SLF) is currently at a share price of $27.69. At 238,579 shares, the company's volume so far today is 0.7 times its current daily average.

The Bottom Line On any given day, a particular stock may see positive or negative change in its share price. It is important to weigh current activity against historical performance when making any investment decisions. Keep in mind that all these ratios should be compared against historical numbers and industry information in order to get a more complete picture.

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Tickers in this Article: IPCC, SIVB, GS, TROW, ACE, HTH, SLF

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