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September 01, 2020 1:20pm
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Financial ETFs Slide as Banks Warn of Tough Times Ahead

Financial sector-related exchange traded funds retreated Thursday as Big Banks reported earnings and warned of the potential trouble ahead with the growing risk of a recession. The Financial Select Sector SPDR (XLF) declined 2.5% on Thursday. JPMorgan’s Jamie Dimon warned that the environment...
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