Bank stocks increased today on news that lawmakers have reached a deal on the economic stimulus plan. The KBW Banking Index rose 6.02% and the KBW Regional Banking Index rose 2.50%. The broader S&P 500 Index was up 0.80%.

The Bank Index was led by Regions Financial Corporation, M&I, and SunTrust, which were up 13.58%, 12.97%, and 11.26%, respectively. Leading the Regional Banking Index were Webster Financial Corporation, First Horizon National Corporation, and UCBH Holdings, which were up 8.92%, 6.85%, and 6.16%, respectively.