Strong Jobs Data, Rate Outlook Bolster Financial ETFs
February 06, 2015 at 14:18 PM EST
Banks and financial stock exchange traded funds are leading the markets Friday as the robust jobs number hastened calls for an interest rate hike. On Friday, the SPDR S&P Bank ETF (NYSEArca: KBE) rose 1.8%, SPDR S&P Regional Banking ETF (NYSEArca: KRE) increased 1.5% and Financial Select...