Bank stocks were down for most of Friday but rebounded late, as investors remained uneasy about the health of the industry in a worsening economy.

The KBW Bank Index spent most of the day in negative territory but closed up at 0.77%, ending the week down 8.38%. The index rose ahead of Tuesday's election, but bank stocks tumbled later in the week in response to uncertainty about the outcome of the presidential and congressional races could affect the economy.

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