Financials near to regaining S&P 500's top spot


NEW YORK, Aug 11 (Reuters) - It's hard to overstate the damage that the banking crisis caused financial stocks.

At their peak on June 1, 2007, the stocks in the Standard & Poor's 500 financial sector index had a collective net worth of more than $2.9 trillion, roughly 30 percent greater than that of the next largest group, tech stocks.

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