🟢 Regional Bank ETF (DPST) is trading 2.42% up today as broader U.S. stocks rally

DPST is trading at $116.53 (+2.42%) as broader U.S. stocks rise.

• Major U.S. indexes were higher on October 6.
• Lower Treasury yields and oil prices are easing inflation concerns and improving the market backdrop, though higher yields can also benefit bank margins.
• The wider-than-expected U.S. trade deficit is a countervailing growth concern; available reporting identifies no distinct U.S. regional-bank catalyst for DPST’s move.