Bank, Financial ETFs Rally as Trump Scales Back Dodd-Frank

MarketsETF Trends

Bank stocks and financial sector exchange traded funds climbed Friday on reports that President Donald Trump is ready to undo regulatory restrictions on the industry. On Friday, the PowerShares KBW Regional Bank Portfolio (NYSEArca: KBWR) gained 2.6%, SPDR S&P Regional Banking ETF (NYSEArca: KRE) rose 2.4%, SPDR S&P Bank ETF (NYSEArca: KBE) increased 2.4% and First…Click to read more at ETFtrends.com.

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