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September 01, 2020 1:41pm
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Financial ETFs Rise after Yellen Backs Bank Dividends, Stock Repurchases

Bank stocks and financial sector-related exchange traded funds strengthened Wednesday after Treasury Secretary Janet Yellen claimed that U.S. banks are healthy enough to pay dividends and repurchase stocks again. On Wednesday, the SPDR S&P Regional Banking ETF (NYSEArca: KRE) and Financial...
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