Bank Stocks, Financial Sector ETFs Are Outperforming in the Rebound
August 18, 2022 at 19:22 PM EDT
Bank stocks and financial sector-related exchange traded funds are outperforming the broader market in the latest risk-on rebound. Over the past month, the Financial Select Sector SPDR (XLF) increased 12.1% while the SPDR S&P 500 ETF Trust (SPY) advanced 10.8%. Since the end of June, five of the six largest U.S. banks, including Morgan Stanley, [...] The post Bank Stocks, Financial Sector ETFs Are Outperforming in the Rebound appeared first on ETF Trends .
