Financial, Bank ETFs Take a Blow on Trump Doubts
March 21, 2017 at 18:00 PM EDT
Financial and bank sector exchange traded funds were pummeled Tuesday as traders worried about how President Donald Trump will deliver on his campaign promises that recently fueled the market rally and a dip in Treasury yields. On Tuesday, the Financial Select Sector SPDR (NYSEArca: XLF) fell 2.9%,...