[BRIEFING.COM] Financials have fallen back under another fit of selling pressure, but they remain above session lows. Still, the sector's 1.2% loss is worse than that of any other major sector.
Consumer finance stocks make up the worst performers in the financial sector. As a group, they are down 2.7%. Multiline insurers are providing some balance, however. The group is up a rather impressive 0.8% as AIG (AIG 35.49, +1.17) and Genworth Financial (GNW 10.36, +0.19) find support.
Industrials continue to make up the best performing major sector, however. The sector is currently up 0.9% amid strength in rail stocks, which are collectively up 11.3% following a bid from Berkshire Hathaway (BRK.A 100,100.00, +1,350) for Burlington Northern Santa Fe (BNI 97.59, +21.52) for $100 per share in cash and stock.