NYSEArca - Nasdaq Real Time Price USD

Financial Select Sector SPDR Fund (XLF)

40.82

-0.06

(-0.15%)

As of 12:07 PM EDT. Market Open.

The market is saying there's no 'growth problem': Strategist

Despite Thursday's weaker-than-expected GDP figure, which hinted at a slowing economy, Truist Co-Chief Investment Officer and Chief Market Strategist Keith Lerner joins Market Domination to explain why this number doesn't accurately reflect the economy's growth trajectory. Lerner argues that the GDP data was fine "underneath the hood," showing that consumers and businesses were still spending, and underlying demand remained robust. He notes, "the market's hanging in there relatively well," emphasizing that a deeper examination of the GDP components revealed "there's still solid economic growth." On the inflation front, Lerner acknowledges that he had anticipated a post-pandemic economic slowdown. However, even with solid growth, he remains optimistic that inflation can be brought down to the 2% target. Addressing concerns about stagflation, he states, "It's a risk, not our base case." Lerner points to the strong performance of the energy (XLE), financials (XLF), and industrials (XLI) sectors as evidence that "the market is telling you that we don't have a growth problem at this point." This market behavior reinforces his view that the underlying economic fundamentals remain robust, despite the weaker GDP reading. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith

Yahoo Finance Video 20 hours ago

XLI
+0.07%
XLE
-1.17%
^IXIC
Sector Update: Financial

Sector Update: Financial

PREMIUM
MT Newswires 20 hours ago

XLF
-0.15%
Sector Update: Financial Stocks Decline Thursday Afternoon

Sector Update: Financial Stocks Decline Thursday Afternoon

PREMIUM
MT Newswires 22 hours ago

XLF
-0.15%
GSHD
Here's What's Happening in Markets: April 16

Equity ETFs waver as investors digest earnings and potential rate cuts.

etf.com 9 days ago

QQQ

VESIX

VEUPX
JPM Earnings: A Teachable Moment for Advisors, Clients

Financials may be the sector most in need of demystification for retail investors.

etf.com 10 days ago

IAI

XLF
-0.15%
IPAY
Financials ETFs 2024 Gains Unmarred by JPM Stumble

XLF is up 7.5% this year despite a 5% decline in America’s biggest bank on Friday.

etf.com 11 days ago

IYF

KBWB

VFAIX
Here's What's Happening in Markets: April 12

Markets sink after big bank earnings disappoint, inflation concerns persist

etf.com 13 days ago

XLF
-0.15%
TLT

VGSIX
Stocks dip Friday morning, financials react to bank earnings

Stock market indexes (^DJI, ^IXIC, ^GSPC) open Friday's session lower after a tumultuous trading week driven by March's inflation data. Morning Brief anchors Seana Smith and Brad Smith examine the market action following the opening bell, taking a closer look at the financial sector (XLF) after major banks JPMorgan Chase & Co. (JPM), Citigroup (C), and Wells Fargo (WFC) reported first-quarter earnings this morning. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.

Yahoo Finance Video 14 days ago

XLF
-0.15%
^GSPC

^DJI
Earnings season to test breadth of stock market rally

First quarter earnings reports are expected to show signs that other areas of the market could catch up to tech's growth later in 2024.

Yahoo Finance 17 days ago

^IXIC

SPY
+0.96%
^GSPC
Here’s What’s Happening in Markets Today: April 08

Markets are higher as investors gear up for data on inflation and corporate earnings.

etf.com 17 days ago

XLF
-0.15%
Stocks just had their best first quarter in 5 years — here's where strategists think the market is headed

With stocks off to their best start in five years, many strategists on Wall Street still make a case for the S&P 500 to keep chugging higher.

Yahoo Finance 27 days ago

^GSPC

^DJI

XLI
+0.07%
5 ETF Volume Leaders of Yesterday

The hotter-than-expected inflation data took away some sheen from the stock market yesterday, resulted in enough liquidity in the ETF space. We have highlighted five ETFs that exchanged more than 50 million shares in hand.

Zacks last month

BLK

XLF
-0.15%
SPY
+0.96%
15 Best ETFs To Buy Now

In this article, we discuss 15 best ETFs to buy now. If you want to skip our discussion on the stock market and ETF performance, head over to 5 Best ETFs To Buy Now. In 2023, US-listed ETF trading declined by 17% to $38 trillion due to record-high interest rates, with money market fund assets […]

Insider Monkey last month

^GSPC

BRK-B

GE
Daily record highs across the S&P 500 are telling investors this rally is broadening

Despite the "Magnificent Seven" — or three — powering the S&P 500, the long list of companies hitting new record highs shows another side of the market concentration conversation.

Yahoo Finance last month

^TNX

JBLU

MCD
The downside risks hidden in a 'normal' market pullback: Morning Brief

This week saw the stock market's biggest one-day drop — and bounce back. But has anything changed?

Yahoo Finance 2 months ago

^TNX

XLF
-0.15%
QQQ
History shows stocks will still go up even if the 'Magnificent 7' lose steam

A few large tech stocks have been driving the S&P 500, but strategists see a path for further gains even if the market's darlings stop outperforming.

Yahoo Finance 2 months ago

XLV
-0.02%
TSLA

MSFT
History suggests stocks are due for a pause as market soars

The S&P 500 is at record highs, but there are historical reasons that point to a potential pause on gains as other sectors catch up to the concentrated few that have been powering the market.

Yahoo Finance 2 months ago

^GSPC

XLV
-0.02%
SPY
+0.96%
U.S. GDP Growth Beats Expectations in Q4: ETFs to Benefit

The U.S. economy exhibited a robust performance in the fourth quarter of 2023, with the real GDP growing at an annualized rate of 3.3%. This growth topped market expectations of 2% and followed a 4.9% increase in the third quarter.

Zacks 2 months ago

XLF
-0.15%
Retail sales and investment banks: What to watch this week

A four day trading week awaits US investors looking to build on positive momentum gathered during the first full trading week of 2024.

Yahoo Finance 3 months ago

GS

XLF
-0.15%
^DJI
The Zacks Analyst Blog Highlights XLF, PPH, SPVU, INDA and DXJS

XLF, PPH, SPVU, INDA and DXJS are part of the Zacks top Analyst Blog.

Zacks 3 months ago

XLF
-0.15%
SPGI

Performance Overview

Return	XLF	Category
YTD	+9.13%	+7.57%
1-Year	+27.74%	+27.76%
3-Year	+6.92%	+5.12%

News

Life

Entertainment

Finance

Sports

New on Yahoo

Yahoo Finance

Financial Select Sector SPDR Fund (XLF)

The market is saying there's no 'growth problem': Strategist

Sector Update: Financial

Sector Update: Financial Stocks Decline Thursday Afternoon

Here's What's Happening in Markets: April 16

JPM Earnings: A Teachable Moment for Advisors, Clients

Financials ETFs 2024 Gains Unmarred by JPM Stumble

Here's What's Happening in Markets: April 12

Stocks dip Friday morning, financials react to bank earnings

Earnings season to test breadth of stock market rally

Here’s What’s Happening in Markets Today: April 08

Stocks just had their best first quarter in 5 years — here's where strategists think the market is headed

5 ETF Volume Leaders of Yesterday

15 Best ETFs To Buy Now

Daily record highs across the S&P 500 are telling investors this rally is broadening

The downside risks hidden in a 'normal' market pullback: Morning Brief

History shows stocks will still go up even if the 'Magnificent 7' lose steam

History suggests stocks are due for a pause as market soars

U.S. GDP Growth Beats Expectations in Q4: ETFs to Benefit

Retail sales and investment banks: What to watch this week

The Zacks Analyst Blog Highlights XLF, PPH, SPVU, INDA and DXJS

Performance Overview