Market Extra: Bank ETFs head for worst day in 3 months after credit downgrades, warnings rattle sector

Market Extra: Bank ETFs head for worst day in 3 months after credit downgrades, warnings rattle sector

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U.S.-listed exchange-traded funds that buy bank stocks fell on Tuesday, after Moody’s Investors Service late said it put a handful of major U.S. banks on review for a possible downgrade and lowered debt ratings on several small and midsize banks. The SPDR S&P Regional Banking ETF KRE, which tracks…

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