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September 01, 2020 10:18am
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Financial Sector ETFs Are on a Losing Streak

While the Federal Reserve is eying higher interest rates, bank stocks and financial sector-related exchange traded funds are lower for the sixth consecutive session on Wednesday on growing concerns over the U.S. growth outlook. On Tuesday, the SPDR S&P Bank ETF (NYSEArca: KBE) fell 1.8%, and...
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