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Financial Stocks: The Outlook for May

The top U.S. market indexes had their best April in years — and financial stocks were the best of the best.

The breakdown:

- the Dow had its best April percentage gain since 2001

- the Nasdaq had its best April percentage gain since 2001

- the S&P 500 had its best April percentage gain since 1938

Financials month-to-date were up 22.17 percent, placing bank stocks above the next four strongest sectors:

- consumer discretionary
- industrials
- materials
- info tech

But financials are still down nearly 14 percent for the year. David Faber reports on the slow road out of the February-march "carnage" — and what's next for the financials.

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CNBC's Real-Time Index Trackers:

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The Giants:

Citigroup

Bank of America

JPMorgan Chase

Wells Fargo

Morgan Stanley

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Disclaimer

Symbol
Price
 
Change
%Change
BAC
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C
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JPM MLP ETN
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MS
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WFC
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