Financial stocks posted small gains as investors were still speculating how markets will behave with less guidance from the Federal Reserve, after new Chairman Kevin Warsh said last week he wants to review the central bank's communications with the public. Volatility is expected.

Financial stocks posted small gains as investors were still speculating how markets will behave with less guidance from the Federal Reserve, after new Chairman Kevin Warsh said…

Shares of financial companies slipped in a choppy session marked by mixed U.S. indicators and a flare up of hostilities in the Middle East that moved oil prices higher.