Financial ETFs Climb After Passing Fed’s Stress Test
June 24, 2022 at 18:51 PM EDT
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,...
