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September 01, 2020 10:18am
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Financial ETFs Climb After Passing Fed’s Stress Test

Financial sector-related exchange traded funds surged Friday after some of the biggest U.S. banks passed the Federal Reserve’s annual check-up. The Financial Select Sector SPDR (NYSEArca: XLF) increased 3.8% on Friday. Among the 34 lenders that were put under the Fed’s stress test,...
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