JPMorgan’s Optimistic Outlook Lifts Financial Sector ETFs

JPMorgan Chase & Co. (NYSE: JPM) raised its view on interest income and announced a profitable outlook, lifting financial sector-related exchange traded funds. On Monday, the Financial Select Sector SPDR (NYSEArca: XLF) increased by 3.1%, the Fidelity MSCI Financials Index ETF (NYSEArca: FNCL)...