Financial ETFs led the stock market higher Wednesday on the first day of trading for the second half of the year. A niche $13.22 million exchange traded fund, focused on insurance stocks, beat its larger sector peers in early trade. PowerShares KBW Property & Casualty Insurance (KBWP) gapped up 4.3% to 46.12. It benefited from Ace's (ACE) $28.3 billion bid for Chubb (CB) -- the largest-ever merger deal in the insurance industry. Major ETFs tracking
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