|Bid||46.90 x 100|
|Ask||51.00 x 100|
|Day's Range||48.26 - 48.71|
|52 Week Range||39.60 - 52.00|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.35%|
Key market index funds were down across the board as General Electric weighed on the Dow but Boeing soared on its earnings report.
The weakness in bank stocks following their earnings reports is concerning, writes Matt Maley, equity strategist at Miller Tabak.
One of the most encouraging things you want to see in the equities market is when a stock rallies in the face of bad news. This is exactly what we've seen in several key bank stocks recently, like JPMorgan JPM , Citigroup C and Goldman Sachs GS , which gives me pause about the group as a whole. Remember, the spread between the 2- and 10-year Treasury yields just hit a fresh 11-year low, to less than 45 basis points (less than half of 1 percent).
Last Friday’s market action provided another vivid illustration of the silliness of attempting to explain daily market gyrations. At Wells Fargo, the efficiency ratio — a key measure of profitability — came in above target at 64.9%.
Early earnings season action, with strong results and weak stock performance, show that profits alone won't drive the market higher. Instead, investors still have to contend with a slew of other issues ...
The largest exchange-traded fund to track the financial sector jumped on Thursday, extending a recent upswing for the fund. The Financial Select Sector SPDR ETF rose 1.8% and was on track for its biggest ...
Financial services stocks and related bank ETFs were one of last year’s hottest sector trades and a group that started 2018 in impressive fashion, but scenario has rapidly reversed. For example, the Financial ...
Rising interest rates and a favorable regulatory environment are among the catalysts seen supporting exchange traded funds such as the SPDR S&P Bank ETF (NYSEArca: KBE) and the SPDR S&P Regional Banking ...
On a day stocks plummeted due to fears of a trade war, Guess? reported a big sales gain and AbbVie announced disappointing results from a drug trial.
The largest exchange-traded fund to track the financial sector slumped on Thursday, dropping to a six-week low. The Financial Select Sector SPDR ETF fell 3.2% to $27.81, its lowest level since Feb. 9. ...
One of the primary reasons financial services stocks and bank ETFs rallied in the wake of President Trump’s 2016 election victory was speculation that he would try to ease the regulatory burden facing ...
Exchange-traded funds that track and financial and banking sectors rose sharply on Wednesday, after the Federal Reserve raised interest rates, as had been widely expected. The Financial Select Sector SPDR ...
Exchange-traded funds that track the banking sector surged on Wednesday, after minutes from the Federal Reserve's most recent meeting pointed to higher odds for more rate hikes going forward. The SPDR ...
On a day of strong gains for the market benchmarks, Fossil exceeded fourth-quarter earnings expectations, and Chipotle announced its new CEO.
It's been a blowout season for the banks, but financials are still negative for the year. A look at what's holding them back, with Jason Goldberg, Barclays.
Chris Whalen, Whalen Global Advisors chairman, discusses the performance of financials in the volatile market environment.
Bank ETF KBE is down over 5% this week. After a similar drop, the components that tend to bounce back are MB Financial, SVB Financial and First Republic.
"Fast Money Halftime Report" trader Pete Najarian discusses how to approach the financial sector as interest rates are on the rise.