Bank ETFs Started 2022 on the Right Foot
January 07, 2022 at 15:46 PM EST
Bank stocks and related exchange traded funds are off to their best start in a decade as a more hawkish Federal Reserve helped support the sector’s momentum. Year-to-date, the SPDR S&P Bank ETF (NYSEArca: KBE) rose 7.5%, while the broader Financial Select Sector SPDR (NYSEArca: XLF) was...