Traders Turn Bearish on a Big Bank ETF

MarketsETF Trends

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Some traders are getting bearish on financial services stocks and the related exchange traded funds. The Financial Select Sector SPDR (NYSEArca: XLF), the largest ETF tracking the sector, is lower on a quarterly basis and looks poised to finish May with a monthly loss. Earlier this year, financials were also propped up by a rise [...]

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