Banking Sector Rallies Over Treasury Plan
The banking sector rallied as details of the plan to remove bad assets from the books of troubled banks were revealed. Shares of Citigroup Inc. (NYSE: C) gained 44 cents to $3.06, Bank of America Corp. (NYSE: BAC) climbed $1.10 to $7.29 and Wells Fargo & Co. (NYSE: WFC) gained $1.89 to $15.88.
