SPDR S&P Bank ETF (KBE)
NYSEArca - NYSEArca Delayed Price. Currency in USD
- Market Realist•19 hours ago
Many economists agree that the United States needs to shift from a reliance on monetary policy to more fiscal stimulus, but it is not clear that the political stars are aligning to do so…
- Barrons.com•20 hours ago
On Friday, the Fed put forward new rules that would limit the trading of physical commodities, causing both Morgan Stanley (MS) and Goldman Sachs (GS) to underperform. UBS analyst Brennan Hawken and team don't understand what all the fuss is about, particularly in the case of Morgan Stanley. The centerpiece of the rule applies risk weights of between 300%-1250% to certain physical commodity activities.
- Barrons.com•23 hours ago
CLSA's Mike Mayo and Chris Spahr write that their support for Wells Fargo (WFC) CEO John Stumpf is starting to waver. Shares of Wells Fargo have fallen 0.9% to $45.34 at 10:24 a.m. today, while the SPDR S&P Bank ETF (KBE) has dropped 1.2% to $33.06, and the Financial Select Sector SPDR ETF (XLF) his off 0.9% to $19.21.