Bank technology stocks rose last week, outperforming the general market. The Dow Jones industrial average rose 3.5% for the week to close at 8189.49. Meanwhile, the Goldman, Sachs & Co. index of U.S.-traded technology firms, which lists many bank technology companies, was up 5.3% for the week, closing at 158.94.

Neeraj K. Vohra, analyst at Friedman, Billings, Ramsey & Co., Arlington, Va., said technology stocks are "coming back into favor" after a significant downturn late last year.

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