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September 01, 2020 1:37pm
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Disappointing Earnings Drag on Financial Sector ETFs

Financial stocks and sector-related exchange traded funds retreated Monday after Goldman Sachs (NYSE: GS) announced a decline in first-quarter profits and Citigroup (NYSE: C) revealed a worse-than-expected hit to revenue. The Financial Select Sector SPDR (NYSEArca: XLF), the largest financial...
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