|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||49.29 - 50.22|
|52 Week Range||41.83 - 50.93|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.44%|
All the talk about the tax reform bill has helped boost financial stocks in the last five days. On Friday, exchange-traded funds Financial Select Sector SPDR (XLF), the iShares U.S. Regional Banks (IAT), and the SPDR S&P Regional Banking ETF (KRE) acted as they have for much of the year so far. The Financial Select Sector SPDR is roughly keeping up with the market, while the iShares U.S. Regional Banks is down 0.34%, and the SPDR S&P Regional Banking ETF is down 0.60%.
Resurgent hopes for tax reform in Congress are in turn generating optimism that at least part of the "Trump trade" could return to financial markets.
The economic impact of Harvey, now downgraded to a tropical depression, could be as high as $190 billion, or 1% of the GDP – exceeding the combined impact of hurricanes Katrina and Sandy, said Accuweather president Joel Meyers. But which institutions are likely to be affected most?
The exchange-traded funds for home construction, and regional and community banks are in bull market territory since their post-election lows.
The exchange-traded funds for regional and community banks, and home construction began April in bull market territory since the election, but the bank ETFs are down year to date.
As the first months of the new administration unfold, one sector that seems poised to benefit from both lighter regulation that the Trump administration promises, as well as the Federal Reserve’s (Fed’s) path toward higher interest rates, is ...
The charts of SPDR S&P Regional Banking and iShares U.S. Regional Banks look like twins, the way they've behaved so similarly.
Financial services, the second-largest sector weight in the S&P 500 behind technology, has been soaring and expectations of more interest rate hikes from the Federal Reserve are a big reason why. That ...
The exchange-traded funds for community and regional banks are lagging home construction year to date, but the banking ETFs are outperforming since the election.
The exchange-traded funds for community and regional banks have surged since the election. The construction industry ETF suggests a stalling housing market.