Source: ETF Trends
Financial sector-related exchange traded funds were dealt a blow Friday after the Federal Reserve planned to end coronavirus pandemic relief that provided a temporary capital buffer for big banks. On Friday, the SPDR S&P Regional Banking ETF (NYSEArca: KRE) fell 0.9%, Financial Select Sector SPDR (NYSEArca: XLF) dropped 1.0%, Fidelity MSCI Financials Index ETF (NYSEArca: FNCL), was […] The post Financial ETFs Drop as Fed Allows Covid Capital Relief to Expire appeared first on ETF Trends .