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September 01, 2020 10:18am
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Bank ETFs Could be Plagued by Downgrades

The SPDR S&P Bank ETF (NYSEArca: KBE) and rival exchange traded funds focusing on bank stocks are disappointing investors this year even as the Federal Reserve has boosted interest rates three times. KBE entered Wednesday with a year-to-date decline of almost 16%. Analysts see more downside and...
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