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"It's maybe the most significant financial lead that any candidate has had in Texas gubernatorial politics in the last 30 years.
And while state Democrats hold a huge financial lead, that balance could be reversed if the Republican National Committee's plan to spend unlimited amounts for advertisements aiding Mr. Schundler's campaign survives a court challenge by Mr. McGreevey's lawyers.
The Republicans' financial lead is huge and growing, with $441 million in federally regulated contributions to all national party organs in 2001-02, compared with $217 million for the Democrats.
The fund-raising surge, which began in earnest early last month when Mr. Kerry emerged as the presumptive Democratic nominee, cut into the financial lead of President Bush, who had $46 to every $1 for Mr. Kerry at the end of February, according to campaign finance reports.
It's no secret that Hillary Clinton is well ahead of her presidential opponent Donald Trump when it comes to fundraising from Silicon Valley — but the second-largest donation of the election season just pushed her financial lead even further.
Eldridge's financial lead over Gibson is due mainly to the $215,000 Eldridge contributed to his own campaign.
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The underlying fundamental strength of the economy and the financial backdrop of low inflation financial led to a decade of financial market prosperity.
"Financials led the rally on the way up, and they're leading on the way down," said Anthony Conroy, head equity trader at BNY ConvergEx Group.
Technology, which along with financials led the market's run-up from the March 2009 lows, was not spared on Tuesday.
Technology and financials led the way.
On Thursday, financials led a triple-digit freefall for the Dow Jones Industrial Average, sinking the broad market by 1.3%.
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