Financial institution shares and monetary sector-related trade traded funds strengthened Wednesday after Treasury Secretary Janet Yellen claimed th
Financial institution shares and monetary sector-related trade traded funds strengthened Wednesday after Treasury Secretary Janet Yellen claimed that U.S. banks are wholesome sufficient to pay dividends and repurchase shares once more. On Wednesday, the SPDR S&P Regional Banking ETF (NYSEArca: KRE) and Monetary Choose Sector SPDR (NYSEArca: XLF) each gained 1.3%. Reflecting the rising confidence within the financial restoration, […] Learn extra at ETFtrends.com.
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