Financial Sector ETFs Are Coming to Terms with a Challenging Market Environment
May 06, 2022 at 17:20 PM EDT
Bank stocks and financial sector-related exchange traded funds are finding it harder to slog through the growing fallout from the Russia-Ukraine war, surging inflationary pressures, and the Federal Reserve’s tightening monetary policy. Year-to-date, the SPDR S&P Bank ETF (NYSEArca: KBE)...