Bank of America’s Record Earnings Report Helps Lift Bank Sector ETFs
January 16, 2019 at 14:54 PM EST
Bank of America revealed better-than-expected fourth quarter results on rising interest rates and lower taxes, lifting bank stocks and financial sector-related ETFs. On Wednesday, the Invesco KBW Bank ETF (NASDAQ: KBWB) was among the best performing financial sector-related ETFs, rising 2.8% and...