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To: yard_man who wrote (244773)6/10/2003 10:08:54 AM
From: Giordano Bruno  Read Replies (1) | Respond to of 436258
 
U.S. financial stocks rise early Tuesday (ET, SCH, AMTD, $BKX, $XBD) By Greg Morcroft
Publicly traded online brokers led financial sector gainers Tuesday amid continuing individual investor participation in the recent market rally. Privately held Scottrade Tuesday provide the latest bit of fuel for the sector, reporting that its clients made a record number of trades last Friday. "The incredible trading records we have been setting over the past few weeks speaks volumes about investor confidence and the market's health," Scottrade President Rodger Riney said in a statement. Scottrade rivals Charles Schwab (SCH) , Ameritrade [S: amtd] and E-Trade (ET) rose 1.8 percent, 1.6 percent and 3.8 percent respectively. In broader action, the AMEX Securities Broker/Dealer Index ($XBD) added 1.2 percent and the Philadelphia Bank Sector Index ($BKX) rose 0.6 percent.