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Bank sector-related ETFs found strength Monday as government bonds pulled back and yields climbed on easing investor fears surrounding a U.S.-China trade war that has shown signs of de-escalation. On Monday, ...
Regional banks and sector-related ETFs could be particularly sensitive to an inverted yield curve. “Asset sensitive” banks that are heavily weighted towards floating-rate loans could face a hit to their ...
Here is a look at the 25 best and 25 worst ETFs from the past week. Traders can use this list to find prospective candidates that have deviated too far from their longer-term trends, thereby serving as potential starting points for those looking to take on either short or long positions. Likewise, traders can also use this list to spot potential trend reversal opportunities that may offer a generous risk/reward. As always, investors of all experience levels are advised to use stop-loss orders and practice disciplined profit-taking techniques. To get access to all ETFdb.com premium content, sign up for a free 14-day trial to ETFdb.com Pro.
The encouraging trends have rekindled the appeal for riskier assets, especially the cyclical stocks that tend to outperform during periods of healthy economic growth.
Financial stocks and bank sector-related exchange traded funds were among the worst off Wednesday after the Federal Reserve Chairman Jerome Powell downgraded its expectations for U.S. economic growth and ...
Venezuela’s economy may have fallen completely into disarray, but markets are looking for a political resolution that would open the doors for various investments.
The SPDR S&P Regional Banking ETF (NYSEArca: KRE), the largest regional bank exchange traded fund, and rival regional bank ETFs were among last year’s most disappointing assets. The group plunged even ...
The iShares U.S. Regional Banks ETF (NYSEArca: IAT), which tracks a basket of large regional banks, was trading higher by nearly 2% in midday trading Thursday on news that BB&T Corp. (NYSE: BBT) is acquiring ...
The biggest bank deal in a decades has put the spotlight on ETFs that could be the best ways for investors to tap the opportunity arising from BB&T and SunTrust merger.
Regional bank stocks and sector-specific ETFs shook off the broader market weakness after BB&T (BBT) made a deal to buyout SunTrust Banks Inc. (STI) , combining the banks to form the sixth-largest U.S. retail bank. BB&T and SunTrust struck an all-stock deal in what amounts to the largest U.S. bank merger since the financial crisis, with a combined company value of $66 billion, the Wall Street Journal reports. The deal marks the first deal brokered for big U.S. banks after a tough regulatory environment following the financial crisis kept banks sitting out of the recent slew of mergers and acquisitions.
The financial sector and bank ETFs may continue to gain momentum as the better-than-expected fourth quarter results and improving outlook help lift sentiment on this cheap segment of the market. Goldman ...
The the financial sector helped pare some of the losses U.S. stocks Monday, with the Financial Select Sector SPDR (NYSEArca: XLF) up 0.7%. For example, the Invesco S&P SmallCap Financials Portfolio (PSCF) gained 2.1%, SPDR S&P Regional Banking ETF (KRE) increased 1.9%, First Trust NASDAQ ABA Community Bank Index Fund (QABA) rose 1.8% and iShares U.S. Regional Banks ETF (IAT) advanced 1.8%, compared to the 1.2% decline in the S&P 500. The strength in financials could be a sign of so-called value stocks gaining more favor after outperforming or at least holding up better than growth stocks in the recent market pullback.
Even with the benefit of three interest rate increases by the Federal Reserve, regional bank stocks and exchange traded funds are struggling this year. The iShares U.S. Regional Banks ETF (NYSEArca: IAT), ...
Bank stocks and sector-related bank ETFs plunged on Friday, despite strong third quarter profit results. Meanwhile, the broader Financial Select Sector SPDR (NYSEArca: XLF) fell 0.9%. J.P. Morgan Chase (JPM) , Citigroup (NYSE: C) , Wells Fargo (WFC) and PNC Financial Services (PNC) all revealed strong quarterly results on Friday, but the markets did not appear impressed.
Wall Street banks are expected to report on a big three-month run, but a profitable quarter may not be enough for bank ETFs. Year-to-date, the iShares U.S. Regional Banks ETF (NYSEArca: IAT) gained 2.2%, ...
Rising borrowing costs are not necessarily a cause for concern as rising interest rates typically go hand in hand with a growing economy, and financial stocks and sector-related exchange traded funds may do especially well in this type of environment. "When yields experience large changes in short periods of time, stocks can struggle to digest the moves," Bernstein's Noah Weisberger said in a note, according to CNBC. "So long as signs continue to point to a growth-driven move in yields, we think that over the medium term, stocks will fare well," Weisberger added.
The number of cash machines around the world fell 1% to 3.24 million last year, according to Banking Consultant RBR.Dan Howley, Melody Hahm and Dan Roberts join Seana Smith on ‘The Ticker’ to discuss why cash is on the decline.