Banking Stocks Lead Markets Higher
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Market Vectors Bank and Brokerage ETF (NYSE: RKH) is up 2 percent in early trading on Thursday, as banking sector stocks got off to a good start. A bounce in troubled Spain appears to be helping.
RKH's top holdings are Wells Fargo & Co (NYSE: WFC), HSBC Holdings PLC ADR (NYSE: HBC), JPMorgan Chase & Co (NYSE: JPM), Citigroup Inc (NYSE: C), Bank of America Corporation (NYSE: BAC). All of these companies are trading higher this morning.
RKH's top holdings are Wells Fargo & Co (NYSE: WFC), HSBC Holdings PLC ADR (NYSE: HBC), JPMorgan Chase & Co (NYSE: JPM), Citigroup Inc (NYSE: C), Bank of America Corporation (NYSE: BAC). All of these companies are trading higher this morning.
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