Banking Stocks Surge

Shares of banking stocks Fifth Third Bancorp (Nasdaq: FITB) surged 49 cents to close at $1.94, Huntington Bancshares Inc. (Nasdaq: HBAN) climbed 25 cents to close at $1.66 and Regions Financial Corp. (NYSE: RF) gained 47 cents to close at $3.76 after Fed Chief Ben Bernanke again dismissed the possibility of nationalizing banks and discussed stress tests that will be conducted on banks.

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