Chronicle Journal: Finance

Bank ETFs Are Beginning to Pull Ahead

Bank stocks and sector-related exchange traded funds are beginning to outperform on growing optimism over a recovering U.S. economy. Over the past month, the SPDR S&P Bank ETF (NYSEArca: KBE) increased 12.4% and the broader Financial Select Sector SPDR (NYSEArca: XLF) advanced 12.2%. Meanwhile,...
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