The Financial Select Sector SPDR (NYSE: XLF), the largest exchange traded fund dedicated to the sector, is up nearly 7 percent to start the new year. Improving loan growth and expectations for several more interest rate hikes by the …
If you’re confused as to why the market has been rallying, it’s primarily due to the Federal Reserve announcing that it expects to hike rates twice this year compared to the previous expectation of four hikes. Currently, the Federal Reserve …
Whether or not these moves will save BofA remains to be seen. We are seeing big moves in the key ETFs of the Financial Select Sector SPDR (NYSE: XLF) and particularly in the Direxion Daily Financial Bull 3X Shares (NYSE: FAS) in …
The Fund seeks to provide investors with a low-cost passive approach for investing in a portfolio of equity securities of firms as represented by the Financial Select Sector Index.
In fact, when comparing the Financial Select Sector SPDR ETF (XLF) that trades roughly 50 million shares per day to the Nasdaq 100 and the S&P 500, the charts don’t lie… XLF is the best performing of the three because of the immediate …
Powered by Factset. Legal Statement. Markets Diary represents composite trading. Stocks: NYSE, Nasdaq and NYSE American stock quotes are delayed at least 15 minutes. Source: Dow Jones. International stock quotes are delayed as …