Bank, Financial ETFs Rally as Trump Scales Back Dodd-Frank
February 03, 2017 at 14:36 PM EST
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:...