THE FINANCIAL SELECT SECTOR SPDR FUND

NYSE ARCA: XLF
$40.60
-$0.29 (-0.7%)
Closing price April 11, 2024
The Financial Select Sector SPDR Fund, commonly known as XLF, is a well-known exchange-traded fund (ETF) that focuses on the financial sector of the United States. Managed by State Street Global Advisors, it aims to mirror the performance of the Financial Select Sector Index. XLF invests in a variety of financial companies, covering both growth and value stocks across different market capitalizations. Launched in 1998, it offers investors exposure to the financial industry, including banks, insurance companies, and investment firms.
Digital global transaction payments surpassed the global cash transactions last year, the first time that has happened. And it is likely to be only the beginning of a major shift.
Bank stocks traditionally kick off earnings season and play a large role in gauging the temperature for how the rest of the season may go.
Will September's spike in the overnight lending market be repeated at the end of this quarter? Such an outcome is not out of the question.
When it comes to exchange-traded funds, some investors may hope that they can avoid the sometimes painful "know exactly what you own" rule of investing. Unfortunately, not all ETFs are created equal.
Maybe investors should be more worried about the current trading trends that are hurting the major banks and financial giants. Now the big banks are going to have to sell themselves to the investing...
24/7 Wall St. has come up with its own view on earnings season by sector, along with relative performance on the top exchange traded funds for those sectors.
This has been a strong year for the broader equity markets, but that hasn't necessarily translated into big stock gains for some of the European banks.
The U.S. economy is building momentum and a large part of this has been the financial sector. A couple megabanks have contributed massively to the rally and are set to report their earnings on...
The financial sector is the favorite rotation idea due to considerable signs of relative trend improvement versus the S&P 500.
Change is in the air after the midterm elections have swung the balance of power back to the Republican party in Congress.
Source: Jon OggBob Doll, Chief Equity Strategist and Senior Portfolio Manager of Nuveen Asset Management, is out with his ten predictions for 2014. His predictions are followed by many, and he scored...
Source: ThinkstockBanks have been back as a flavor for investors for a while. After all, Bank of America Corp. (NYSE: BAC) was the best performing stock of all 30 Dow Jones Industrial Average...
Source: ThinkstockWhen well-known analysts make a major price call, investors and Wall St. usually listen. Outspoken bank analyst Richard Bove has done just that. The former Ladenburg Thalman and...
Source: thinkstockOn the day that the Presidential election is happening, investors are throwing money into the inflation winners. The problem is that maybe this is not an inflation trade. Maybe it...
J.P. Morgan Chase & Co. (NYSE: JPM) is leading the markets higher this morning ahead of the Jamie Dimon testimony.  The problem is that Bank of America Corporation (NYSE: BAC) is trumping Dimon and...