Investors are Jittery About Bank Stocks, ETFs

Previously, the Federal Reserve’s decision to hold off on an interest rate hike, ongoing economic weakness and concerns over trading revenues have weighed on the financial sector’s outlook.

“Of course, the nervousness extends beyond American banks. Perceived weakness in European financials such as Deutsche Bank appears to have become on of the market’s biggest preoccupations,” according to CNBC.

Financial Select Sector SPDR