This article was originally published on ETFTrends.com.
Interest rates are rising and the sector’s first-quarter earnings were mostly impressive, but financial services stocks and the related exchange traded funds are still struggling on a year-to-date basis. For example, the Financial Select Sector SPDR (NYSEArca: XLF), the largest exchange traded fund tracking the financial services sector, entered Monday with a year-to-date loss of more […]
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