Financial stocks had a turnaround Friday, and while it was just a partial recovery from a dismal week, some strategists were encouraged.

The American Banker index of the top 50 banks rose 5%, after falling 5.3% the previous week, and its 225-bank index rose 6.16%. The Standard & Poor’s 500 was also up 3.33%, as was the Nasdaq, 7.87%.

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