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THE FINANCIAL SELECT SECTOR SPDR FUND ETF News

$41.93
-0.560 (-1.32%)
At Close: May 20, 2024

How Will Bank ETFs Fare This Earnings Season?

03:11pm, Monday, 12'th Apr 2021
Big banks will start releasing their quarterly numbers this week. The outlook is pretty bullish this time as most of the big banks saw their earnings estimates going up in the past 7-,30-,60-,90-day-p
RBC Capital Markets' Gerard Cassidy gives his bullish case for bank stocks ahead of earnings season.
Strong inflation numbers published by the Bureau of Labor Statistics on Friday morning gave banks a big boost.
Here are seven of the best index funds income seekers should keep an eye on in April. They all have juicy dividend yields and growth ahead.

Economic Boom to Go Into 2023? ETFs to Play

09:05am, Thursday, 08'th Apr 2021
The JPMorgan Chase chairman and CEO, Jamie Dimon, is bullish on the U.S. economy and expects the ongoing economic revival will move into 2023.

6 Keys to a Healthy ETF Portfolio

10:36am, Wednesday, 07'th Apr 2021
Similar to the six vital nutrients required for good health, we have highlighted six keys for building a healthy ETF portfolio.
Financial stocks have been on fire so far this year. Matt Maley of Miller Tabak says there could be more gains to come.
XLF: Not All Is As It Seems For The Banking System
The average equity fund (including ETFs) experienced a 6.31% return for Q1 2021 and whopping one-year return of 61.39%. Fearing an overheated market, a recent rise in coronavirus cases globally, and a
Investors were overall net purchasers of fund assets (including both conventional funds and ETFs) for the eighth consecutive week as they injected $62.1 billion into the market during Refinitiv Lipper

We're Buying Banks Hand Over Fist

05:08pm, Wednesday, 31'st Mar 2021
Last year, our focus was on cheap too big to fail banks. These have been appreciated generously since then.

Most Loved/Hated ETFs of Q1

03:09pm, Wednesday, 31'st Mar 2021
Rising rate worries and fears of a tax rate hike in the United States also dampened investors' sentiments in March but Biden stimulus and growing vaccination have boosted investors' confidence too.
Current monetary and fiscal policies risk an overheated and inflationary economy. Increased interest rates already begun are a likely result.
Just days ago, XLP was the worst-performing sector on a year-to-date basis (through Mar. 23).

Bank ETFs Drop on Archegos Contagion Fears

08:22am, Tuesday, 30'th Mar 2021
Financial sector-related exchange traded funds plunged after a fire sale of stocks from a U.S. hedge fund dragged on Credit Suisse Group AG and Nomura Holdings Inc., fueling speculation of a wider fal
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