Silver Miners Shine Bright While Regional Banks Struggle
Silver Miners ETF Leads with Gains; Banking Sector Faces Decline
On Friday, the Silver Miners ETF demonstrated strong performance, rising approximately 5.2% during the trading session. Notably, Bear Creek Mining shares surged by about 10.2%, while Endeavour Silver shares climbed approximately 8.5%. Such gains highlight the continued interest in silver mining amid fluctuating market conditions.
Conversely, the SPDR S&P Regional Banking ETF lagged behind, experiencing a decline of about 1.3% in the afternoon. Weaker performers within this ETF included shares of Western Alliance, which fell by roughly 8%, and Bank Ozk, down about 4.1%. The volatility in the banking sector reflects ongoing concerns among investors.
VIDEO: Friday’s ETF Movers: SIL, KRE
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