DPST is trading 3.18% down at $138.83 as the leveraged regional bank ETF gives back part of its recent multi-day rally amid sector-level consolidation.
- The decline follows a period of sharp gains in U.S. financials, with the sector pulling back today despite a lack of major domestic economic data and broader market indices trading higher.
- Market sentiment is being pressured by warnings from the Bank for International Settlements (BIS) regarding global leverage and vulnerabilities within the financial system, adding a cautious tone to highly levered exposures.