XLF Stock Recent News

The GICS sector committee recently moved several major stocks in the Tech Sector to the Financial Sector. This raised questions about how true to its Sector XLF is now. We examine its holdings and compare them with VFH whose index holds several hundred more stocks. The banks and insurers held by XLF make up less than half of the value of the whole ETF. We discuss the other subsectors it holds and their vulnerability.

The U.S. economy exhibited a robust performance in the fourth quarter of 2023, with the real GDP growing at an annualized rate of 3.3%. This growth topped market expectations of 2% and followed a 4.9% increase in the third quarter.

The S&P 500 earnings is expected to rise 0.2% in Q4 of 2023 over 2.2% revenue growth, per Earnings Trend issued on Jan 17, 2024.

Technical analysis suggests financial stocks have room to gain.

Chris Kotowski, senior research analyst at Oppenheimer, joins 'The Exchange' to discuss Q4'23 bank earnings, how to position bank stocks moving forward, and more.

There has been a deceleration in the earnings outlook in recent months, with negative revisions for several key sectors since the start of the fourth quarter.

While "Magnificent Seven" rocked the U.S. market in 2023, "Fab Four" will take the forefront, per a Motley Fool article, published on Yahoo Finance.

The stock market's resurgence into year-end has been a microcosm of this year. Let's just say that it has been a very bullish strong year for the markets.

The financial sector and popular sector ETF Financial Select Sector Fund NYSE: XLF has enjoyed a stellar end to the year. A quick glance at the XLF's daily chart almost makes it appear like the sector hasn't experienced a red day in nearly two months.

If you're interested in broad exposure to the Financials - Broad segment of the equity market, look no further than the Financial Select Sector SPDR ETF (XLF), a passively managed exchange traded fund launched on 12/16/1998.