Stocks close narrowly mixed amid higher yields; financials gain
The second-best performing sector in the S&P 500, financials advanced with the continued rally in yields as the sector is expected to benefit from higher interest rates. The S&P Regional Banking ETF (KRE) gained 1.08 percent. The SPDR S&P Bank ETF (KBE) hit its highest level since October 2008.PNC Financial, Capital One, BB&T, Zions Bancorp, People’s United Financial and KeyCorp […]