NYSE:XLF Archives - ETF Daily News

Financials surge after crushing the Feds stress test

From Sanghamitra Saha: U.S. banking biggies have cleared the key Stress Test conducted by the Federal Reserve, barring the U.S. division of Credit Suisse. Regulators allowed a majority of the 18 institutions to raise dividends and buy back shares.

NYSE:XLF June 28, 2019 1:56pm

Bank stocks gain as the 10-year Treasury yield climbs back above 2.4%

From Fred Imbert: Stocks rose on Thursday as sentiment was boosted by strong earnings from Walmart and Cisco Systems while banks climbed on higher rates.

NYSE:XLF May 16, 2019 6:16pm

Consumer discretionary sector is 2nd-best performer in 2019

From CNBC.com: Consumer discretionary was the second-best performing sector through the first four months of the year with a return of about 22 percent.

NYSE:XLF May 9, 2019 6:00pm

The financial sector is the best performer in April

From Lizzy Gurdus: The banks are back.

NYSE:XLF April 29, 2019 5:13pm

Bank Stocks Could Plunge Further

From Mark Kolakowski:

NYSE:XLF March 25, 2019 1:32pm

U.S. Banks stocks continue to fall

From Felice Maranz: (Bloomberg) — Big banks extended losses into a fourth day Friday, as 10-year Treasury yields tumbled, the 3-month/10-year yield curve inverted for the first time since 2007, U.S. manufacturing data missed expectations and Europe’s economic outlook darkened.

NYSE:XLF March 22, 2019 1:30pm

Why this is a positive environment for big bank stocks

From Brian Sozzi: Jerome Powell’s Federal Reserve has long pivoted back to being super dovish. The 10-year yield has dived to about 2.6%. And markets have since been lulled into seemingly churning upward each day to reach the fall 2018 highs,…

Is the Financial Sector a Buy in 2019?

From Matthew Cochrane: The financial sector of the stock market is made up of companies that provide a variety of financial services to commercial and consumer customers, including:

NYSE:XLF March 13, 2019 12:35pm

Why the Banking Sector could have a strong 2019

From Lou Carlozo: Not only can you buy shares on Wall Street: You can literally buy shares in Wall Street, as the financial sector boasts some heavy hitters so far as dividend stocks go.

NYSE:XLF March 12, 2019 4:54pm

What’s Behind The Bank ETF’s Rally?

From Todd Shriber: Financial services, one of 2018’s worst-performing sectors, is looking to shed that laggard status this year. The group is off to a good start, as highlighted by the Financial Select Sector SPDR XLF 0.06%, which is up 9.15 percent…

Banks hope to shake off concerns over a global recession in earnings

From Brian Cheung: The large-cap banks will kick off the first earnings season of 2019 next week, and their biggest challenge will be fending off concerns about a looming recession.

NYSE:XLF January 11, 2019 12:02pm

Treasury Secretary Mnuchin held calls with Bank CEOs to discuss the market turmoil

From John Melloy: Treasury Secretary Steven Mnuchin spoke with J.P. Morgan Chase CEO Jamie Dimon, Bank of America’s Brian Moynihan, Goldman Sachs’ David Solomon, Morgan Stanley’s James Gorman, Tim Sloan of Wells Fargo and Michael Corbat of Citigroup.

NYSE:XLF December 24, 2018 1:24pm

Financial ETFs are Suffering

From Ben Hernandez: “There’s a lot of nuance in the decision. I think what’s pretty clear from the statement is Powell is not poised to turn sharply dovish,” said Brian Dangerfield, macro strategist at NatWest Markets. “The Fed is going…

KBW, CFRA downgrade bank sector on poor economic outlook

From Hugh Son:

NYSE:XLF December 12, 2018 2:17pm

Bank stocks leading the market lower today

From Richard X. Bove:

NYSE:XLF December 10, 2018 1:21pm