🟢 Regional Bank ETF (DPST) is trading 3.74% up after weak payrolls eased near-term Fed tightening concerns

DPST is trading at $116.25, up 3.74%, as weak September payrolls eased concerns about near-term Fed tightening.

• September payrolls came in at 29,000, well below forecasts, while unemployment rose to 4.2%.
• Treasury yields eased after recent multi-decade highs, supporting the risk-on tone and helping explain the regional-bank ETF’s gain; major indexes were also higher.