Financial ETFs Slide as Banks Warn of Tough Times Ahead
July 14, 2022 at 14:41 PM EDT
Financial sector-related exchange traded funds retreated Thursday as Big Banks reported earnings and warned of the potential trouble ahead with the growing risk of a recession. The Financial Select Sector SPDR (XLF) declined 2.5% on Thursday. JPMorgan’s Jamie Dimon warned that the environment...
