RYF Reduces Concentration Risk in Financials Sector

Financials sector stocks moved in different directions on Tuesday as investors reacted to fourth-quarter 2022 earnings from Morgan Stanley (MS) and Goldman Sachs (GS). Shares of Morgan Stanley jumped 6% on Tuesday after the company reported fourth-quarter earnings that beat analysts’ expectations. Meanwhile, Goldman Sachs’ stock was down 7% after reporting its worst earnings in [...] The post RYF Reduces Concentration Risk in Financials Sector appeared first on ETF Trends .