NEW YORK (CNNMoney.com) -- While the rest of Wall Street got clobbered again Friday, a handful of insurance stocks rallied sharply on speculation that the Treasury Department may soon invest in companies in the battered industry.
After being down most of the morning, shares of MetLife (MET, Fortune 500) ended the day up 7%. Hartford Financial Services Group (HIG, Fortune 500) jumped 16% at the end of Friday's session after being down in the morning session. Prudential (PRU, Fortune 500) closed more than 6% higher after starting the day lower.
And Aflac (AFL, Fortune 500), the health and life insurance company that reported Thursday that its earnings had tumbled 76% in the fiscal third quarter, gained 7% by the end of the trading session Friday.
http://money.cnn.com/2008/10/24/news/companies/insurance_stocks/
