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DEC 27, 2013 - TheStreet

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PNC Leads as Most Bank Stocks Trade Sideways

NEW YORK (TheStreet) -- PNC Financial Services Group was the banking sector leader on Friday, with shares rising 1.2% to close at $78.20, on a Friday that saw most bank stocks trading sideways.The broad indices ended with modest losses on a day of very light trading volume, putting a stop to the "Santa Claus" rally that saw the Dow Jones Industrial Average hitting a record high on Thursday.The Dow has risen 26% this year, while the S&P 500 is up 29% and the NASDAQ Composite has added 38%.The KBW Bank Index on Friday dipped slightly to 69.08, with 15 of the 24 index components ... Read More

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