Bank ETFs Are Beginning to Pull Ahead
June 04, 2020 at 16:42 PM EDT
Bank stocks and sector-related exchange traded funds are beginning to outperform on growing optimism over a recovering U.S. economy. Over the past month, the SPDR S&P Bank ETF (NYSEArca: KBE) increased 12.4% and the broader Financial Select Sector SPDR (NYSEArca: XLF) advanced 12.2%. Meanwhile,...