XLF Stock Recent News

U.S. stocks record best week since 2023. Let's see what lies in store for stocks and ETFs.

The health of the banking sector looks moderately sound, apart from some pain points. If the economy can manage the occasional tariff-driven threat, we should see smooth sailing in bank ETFs.

BKCL:CA is a levered ETF offering a 17.7% yield, enhanced by covered call strategies on Canadian banks, making it a compelling buy for yield-focused investors. Covered call strategies work best in sideways to slightly bullish markets, but can still provide a buffer in falling markets by offsetting some losses. Canadian banks, particularly the Big Six, are resilient with strong capital bases and diversified funding, but face elevated credit risk due to tariffs and potential recession.

Jeff deGraaf, Renaissance Macro head of technical research, joins 'Closing Bell' to discuss what he's seeing in sector trends and the technicals.

Exchange-traded funds (ETFs) remain a powerful tool for investors, offering diversification, low costs, and flexibility.

Malcolm Ethridge, managing partner at Capital Area Planning Group, joins CNBC's 'Halftime Report' to explain why he's getting out of financials.

Trump announced Monday that Fed Governor Michelle Bowman would serve as the central bank's new vice chair for supervision. Bowman???s appointment may lift restrictions on lenders.

Keeping costs down is imperative, whether you're trying to stay on a budget or are investing for the long haul. Either way, costs can accumulate over time and put you in a much worse financial position.

XLF is showing relative strength, outperforming broader indices and topping in early March. XLF's strong 2024 performance and attractive valuations suggest a buying opportunity around $46.6-$47, with potential profit-taking at $51-$52. Despite risks, XLF's positive backdrop and relative strength indicate it could continue to perform well if the economy avoids recession.

The U.S. banking and financial sector is at risk of a significant downturn if a recession unfolds in early 2025, shocking overconfident investor sentiment. Historical recessions show that bank/insurance equities, particularly those in the Financial Select Sector SPDR® Fund ETF, suffer substantial declines during contractions in GDP, on loan/bond write-down fears. Recent economic indicators, including a sudden decline in consumer spending and GDPNow forecasts, suggest a recession is imminent, exacerbated by President Trump policies.