Interest Rate Speculation Bolsters Financial Stocks, ETFs
August 29, 2016 at 13:51 PM EDT
Financial stocks and sector-related exchange traded funds are finally having their moment in the limelight after Federal Reserve Chairwoman Janet Yellen hinted Friday of a greater chance for an interest rate hike. On Monday, the Financial Select Sector SPDR (NYSEArca: XLF) rose 1.1%, Vanguard...