XLF Stock Recent News

The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.

Investors should remain calm amid market volatility and consider buying during price dips, with 2025 expected to see more turbulence. Kenvue's strong brand portfolio and solid liquidity offer price stability and a 3.59% dividend yield, despite potential headwinds from tariffs and economic slowdown. Altria Group, with its 7% yield and Dividend King status, provides stability and potential upside during economic uncertainty, leveraging its pricing power and recession-proof products.

I consider XLF a HOLD due to mixed impacts from the current aggressive interest rate cut outlook. Lower interest rates could benefit some of XLF's holdings through increased lending and increased economic transactions. Negative impacts include pressure on insurance companies' investment income and banks' Net Interest Margin.

With several major banks kicking off earnings season last Friday, the financial sector is back in focus. After a double-digit correction from 52-week highs, investors are likely wondering whether now is the time to consider buying or if more downside lies ahead.

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.