Dow, Insurance ETFs Fall After Travelers Cuts Buybacks
Insurance exchange traded funds lost ground Friday after Travelers (NYSE: TRV) said it has limited its share buyback program due to catastrophe losses in April and May.
The Dow component said the losses resulted from multiple tornadoes and hail storms that hit the U.S., primarily in the Midwest and Southeast. Travelers now expects its total…
[[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Sign-Up for the Wall Street Sector Selector Free Newsletter!








