“FAS” ETF Jumps on Big Banks’ Earnings Beat
October 16, 2019 at 01:35 AM EDT
Big banks were among the winners on Tuesday as third-quarter earnings season kicked off with 11 companies in the S&P 500 reporting—9 beat earnings expectations while only 2 missed the mark. The strength in big banks helped the Direxion Daily Financial Bull 3X ETF (NYSEArca: FAS) jump over 3% in...
