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XLF

Financial ETFs Trip as Bank Earnings Fail to Impress

Financial stocks and sector-related exchange traded funds weakened Friday as second quarter earnings failed to meet expectations and palled in comparison to strong first quarter results. The Financial Select Sector SPDR (NYSEArca:XLF), the largest financial sector-related ETF, declined 0.7% Friday. Bank stocks have rallied in recent weeks but ran out of steam Friday after J.P.… Click to read more at ETFtrends.com.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article was provided by our partner Tom Lydon of etftrends.com.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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