Financial Sector ETFs Are on a Losing Streak
April 06, 2022 at 14:47 PM EDT
While the Federal Reserve is eying higher interest rates, bank stocks and financial sector-related exchange traded funds are lower for the sixth consecutive session on Wednesday on growing concerns over the U.S. growth outlook. On Tuesday, the SPDR S&P Bank ETF (NYSEArca: KBE) fell 1.8%, and...