Crypto-related stocks slump the most; insurers climb: week's financials wrap
Seeking Alpha · 23h ago
S&P posts three-week win streak, but momentum stalls after hitting 5,500 points mark
Seeking Alpha · 1d ago
Market Could Take Normal, Routine Pause After Record Highs, Strategist Says: 'Now's The Time If You Have Profits To Book Them'
Leading market strategist Jay Woods says the markets could pause ahead of key events in the second half of 2024. Woods says investors could be looking to cut back on their exposure to technology stocks like Nvidia. Woods also likes the financials and homebuilder stocks. The Russell 2000 could play catch up to the other indexes in the future.
Benzinga · 1d ago
Stocks Stalls As Chip Sector Struggles To Rebound; Dollar Eyes 7-Week Peak, Gold, Bitcoin Retreat: What's Driving Markets Friday?
Friday is a subdued and low volatility trading day on Wall Street. Over $5.1 trillion of notional options exposure expiring, surpassing previous record set in December 2023. The major indices and sectors remained flat. Bitcoin fell 1.8%, heading for its fifth consecutive session of losses. S&P Global reports strongest growth in private sector activity in two years.
Benzinga · 1d ago
US Federal Reserve Says Regulators Identify Shortcomings In 'Living Wills' Of Bank Of America, Citigroup, Goldman Sachs, And JPMorgan Chase; Banks Must Address Issues In Next Resolution Plan Due July 2025; FDIC Finds 'Deficiency' In Citigroup's Plan; Banks Instructed To Fix Derivatives Unwinding And Contingency Planning, Obtain Necessary Foreign Government Actions
Benzinga · 1d ago
Financial Sector Update for 06/21/2024: RYAN, AIRC, STT, YRD, XLF, FAS, FAZ
NASDAQ · 2d ago
Aon plc Stock: Is AON Underperforming the Financial Sector?
Aon plc (AON) is a leading professional services firm with a market cap of $64.5 billion. Over the past three months, AON's shares have dropped by 9.7%. The stock has underperformed the broader S&P 500 Financials Sector SPDR over the same period. AON has under performed due to concerns over increased operating expenses.
Barchart · 2d ago
Intercontinental Exchange Stock: Is ICE Outperforming the Financial Sector?
Intercontinental Exchange stock has pulled back 2.4% from its 52-week high of $140.43. Shares of Intercontinental Exchange have surged marginally over the past three months. The company is a major player in the global financial market. ICE stock is up 6.8% on a YTD basis and 22.2% in the past 52 weeks.
Barchart · 2d ago
Long-term beneficiaries of AI, according to Goldman Sachs
Goldman Sachs analysts named stocks that would be long-term beneficiaries of artificial intelligence. Software and services, and communications and professional services are the industries expected to benefit the most from the adoption of AI. The six-month return of these stocks is expected to increase by 5%.
Seeking Alpha · 2d ago
Financial Sector Update for 06/20/2024: CG, NDAQ, PYPL, XLF, FAS, FAZ
NASDAQ · 3d ago
U.S. Bancorp Stock: Is USB Underperforming the Financial Sector?
Minnesota-based U.S. Bancorp (USB) operates as a leading financial services holding company in the United States. Shares of USB have fallen 7.5% over the past three months and are down 9.2% on a YTD basis. The bank's rival JPMorgan Chase & Co. (JPM) is outperforming the broader market.
Barchart · 4d ago
Tuesday Sector Leaders: Financial, Technology & Communications
NASDAQ · 4d ago
ETF flows: Highest inflow for Tech, outflow for Materials sector last week
ETF flows: Highest inflow for Tech, outflow for Materials sector last week. SPDR S&P 500 ETF Trust witnessed a net outflow of $7.48B in the last week ending June 14. The tech-focused Technology Select Sector SPDR Fund recorded the highest inflow of $368.31M. 5 out of 11 S&p 500 ETFs recorded outflows in the past week.
Seeking Alpha · 4d ago
Financial Sector Update for 06/18/2024: BX, KKR, BN, XLF, FAS, FAZ
NASDAQ · 5d ago
5 Defensive sectors J.P. Morgan analysts are bullish on
5 Defensive sectors J.P. Morgan analysts are bullish on. Utilities, real estate, and staples were the worst three performers in the first quarter. These sectors have driven a 10% performance recovery in the second quarter. The five defensive sectors include healthcare, telecoms, utilities, and real estate.
Seeking Alpha · 5d ago
The Financial Select Sector SPDR Fund Experiences Big Inflow
NASDAQ · 5d ago
Financial Sector Update for 06/17/2024: DB, UBS, CG, XLF, FAS, FAZ
NASDAQ · 6d ago
Is Earnings Growth Strong Enough To Sustain The Market Rally?
Home Market Outlook: Is Earnings Growth Strong Enough To Sustain The Market Rally? Greg Bonnell and Damian Fernandes discuss the market rally. Markets have been hitting all-time highs on the promise of cooling inflation. Fernandes says a key market driver has been strong corporate earnings growth. He says the market is in a bull market in the form of strong growth.
Seeking Alpha · 6d ago
Weekly Report: what happened at XLF last week (0610-0614)?
Weekly Report · 6d ago
PayPal falls the most among financial stocks, while CleanSpark climbs: week's roundup
Seeking Alpha · 06/15 14:12
Webull provides a variety of real-time XLF stock news. You can receive the latest news about The Financial Select Sector SPDR® ETF through multiple platforms. This information may help you make smarter investment decisions.