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Jobs Up, Wages Down: Financial ETFs May Have Just Found Their Sweet Spot
Friday, May 9, 2025 - 4:49pm | 843The April U.S. employment report brought a welcome economic balancing act. Nonfarm payrolls increased by 177,000, beating comfortably the 130,000 forecast by economists and almost doubling the 90,000 predicted by Kalshi betting markets. Average hourly earnings, however, slowed to 0.2% month-over-...
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Pro: Here's Why You Should Buy The Financial Sector ETF
Tuesday, March 7, 2017 - 3:48pm | 327Eddy Elfenbein, the editor of the popular Crossing Wall Street blog and Evercore's Rich Ross were guests on CNBC's "Trading Nation" segment and made a strong case for owning the financial sector ETF, the Financial Select Sector SPDR Fund (NYSE: XLF). Elfenbein was first to make...
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Wells Fargo's Hateful 8: Shares Are Down 8 Sessions In A Row, Worst Streak In 8 Years
Friday, June 17, 2016 - 9:11am | 247Wells Fargo & Co (NYSE: WFC)'s stock has lost more than 13 percent since the start of 2016 and nearly 18 percent over the past year. The stock's performance is underperforming some of its peers and also the commonly benchmarked financial index ETF, the Financial Select Sector SPDR Fund (NYSE:...