Financial ETFs Rise after Yellen Backs Bank Dividends, Stock Repurchases
March 24, 2021 at 15:25 PM EDT
Bank stocks and financial sector-related exchange traded funds strengthened Wednesday after Treasury Secretary Janet Yellen claimed that U.S. banks are healthy enough to pay dividends and repurchase stocks again. On Wednesday, the SPDR S&P Regional Banking ETF (NYSEArca: KRE) and Financial...