XLF Stock Recent News
XLF LATEST HEADLINES
Second quarter earnings from the big six US banks surprised to the upside, revealing a resilient core: strong trading results, stable credit quality, and a late quarter rebound in investment banking activity. Despite macro headwinds and cautious expense management, most banks beat expectations — thanks to healthy consumer behavior, rising loan demand, and fortified capital.
CNBC's "Power Lunch" team breaks down what is moving markets during the day's trading session, including bank earnings, and more with Jay Woods, chief global strategist at Freedom Capital Markets, and Dory Wiley, CEO and president of Commerce Street Holdings.
ETFs pulled in $24.1B last week, led by VOO, SPLG, IBIT, IEMG and XLF, as investors poured into equities, Bitcoin and emerging markets.
XLF offers an attractive, diversified mix of financial stocks, including banks, insurers, payment processors, and private market leaders, balancing growth and defensiveness. The ETF's ultra-low 0.08% expense ratio and industry-leading scale make it the most cost-effective and efficient way to gain financial sector exposure. While XLF trades at a historically high valuation, this is in line with broader market trends, and sector-relative valuation remains reasonable.
XLY, ITA, VGT, XLF and XLU are positioned to benefit as Q2 earnings growth takes off across key S&P 500 sectors.
Chris McGratty, KBW, joins 'Fast Money' to talk what to expect out of Big Bank earnings following KBW's upgrades for JPMorgan and Morgan Stanley.
Designed to provide broad exposure to the Financials - Broad segment of the equity market, the Financial Select Sector SPDR ETF (XLF) is a passively managed exchange traded fund launched on 12/16/1998.
XLF hits a new 52-week high, fueled by surging bank stocks and strong capital buffers across financial giants.
Jay Woods, Chief Global Strategist for Freedom Capital Markets, explains why he's so high on regional banks.
Most U.S. banks raised their dividend payouts as top U.S. banks passed the Fed's stress test with strong capital. Play ETFs like KBWB, XLF and VFH.