Strong Earnings Weren’t Enough for Bank ETFs

Bank stocks and sector-related bank ETFs plunged on Friday, despite strong third quarter profit results. Among the worst performing ETFs on Friday, the iShares U.S. Regional Banks ETF (NYSEArca: IAT) declined 3.6%, SPDR S&P Regional Banking ETF (NYSEArca: KRE) retreated 3.6%, PowerShares KBW...
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