Strong Jobs Data, Rate Outlook Bolster Financial ETFs

Banks and financial stock exchange traded funds are leading the markets Friday as the robust jobs number hastened calls for an interest rate hike. On Friday, the SPDR S&P Bank ETF (NYSEArca: KBE) rose 1.8%, SPDR S&P Regional Banking ETF (NYSEArca: KRE) increased 1.5% and Financial Select...