ETF Investors Rushing to Financials as a Trump Play
November 11, 2016 at 13:53 PM EST
A financial sector exchange traded fund attracted record inflows Thursday as a steepening yield curve and speculation of financial deregulation in the wake of Donald Trump’s victory helped spur demand for bank stocks. The Financial Select Sector SPDR (NYSEArca: XLF) saw more than $2.1 billion...