Financial Sector Update for 04/25/2024: XLF, FAS, FAZ, DB, BCS, AMK

All S&P Utility stocks are above 50-day MA, less than 10% of Info Tech names are

Beyond "Big Six:" Why Choose Non-Cyclical Sector ETFs?

Is Invesco KBW High Dividend Yield Financial ETF (KBWD) a Strong ETF Right Now?

Should You Invest in the Financial Select Sector SPDR ETF (XLF)?

BofA watched clients retract $2B last week as the S&P dropped

BofA watched clients retract $2B last week as the S&P 500 declined by 3% Bank of America's clients were overall net sellers of U.S. Equities for the fourth consecutive week. Financials and Consumer Staples observed the most significant weekly outflows.

Stocks Rally On Weaker PMI Data, Tech Earnings Optimism, Dollar Falls: What's Driving Markets Tuesday?

The S&P 500 rose 1.2% in midday trading on Tuesday, its best performance in over a month. The Nasdaq 100 outperformed the broader market, up 1.5%. Economic data indicated a deceleration in private sector growth in April. Fears for a potential Federal Reserve rate cut by the end of the summer jumped to 72% from 67% on Monday.

Financial Sector Update for 04/23/2024: MSCI, FI, IVZ, XLF, FAS, FAZ

Should You Invest in the Fidelity MSCI Financials Index ETF (FNCL)?

Bank of New York Mellon: An Emerging Growth Story (Rating Upgrade)

Stocks Set To Snap Worst Losing Streak In Nearly 2 Years, Gold Sinks, Bitcoin Reclaims $66,000: What's Driving Markets Monday?

Major U.S. Stocks are poised to break a six-day losing streak. At noon trading in New York on Monday, major indices all traded higher. Easing geopolitical tensions in the Middle East bolstered market sentiment. Gold plunged 2.5% to $2,330 per ounce, while silver tumbled 5%. Bitcoin rose above $66,000, on track for its highest close in a week.

Goldman’s buybacks basket: Buyback growth will be 13% in 2024

Goldman’s buybacks basket: Buyback growth will be 13% in 2024. Goldman Sachs analysts rebalanced their “buybacks basket” as 2024 buyback growth is forecasted to be 13%. S&P 500 (SP500) cash spending grew by 4% to $3.4T last year.

VIDEO: ETF of the Week: SPDR S&P Insurance ETF (KIE)

Should You Invest in the iShares MSCI Europe Financials ETF (EUFN)?

Weekly Report: what happened at XLF last week (0415-0419)?

CleanSpark tops week's financial gainers, while Coinbase falls the most

Wall Street's April pullback intensifies as S&P 500 notches worst week in over a year

The S&P 500 on Friday retreated 3.05% for the week to end at 4,967.23 points. The benchmark gauge posted its worst weekly performance since early March last year. This week's retreat was driven by stronger-than-anticipated economic data and hawkish Fedspeak. Geopolitical concerns over Israel and Iran along with a stubborn bond sell-off also put pressure on equities.

"Officials Plan To Float New Measure In Coming Days; Bank Regulators Revive Work On Dodd-Frank Bonus Rules, Sources Say" - WSJ

Fed's Goolsbee Says I Believe Banks Have Adequate Capital; Balance Sheet Decisions Are Separate From Monetary Policy

15 out of 20 S&P 500 financial stocks deliver EPS wins, rebound in investment banking aids major U.S. banks - Earnings Scorecard