The financials sector has been strong all year, and with interest rate cuts on the table later this year, investors looking for exposure can turn to this ETF.
State Street Investment Management introduces 11 Select Sector SPDR Premium Income ETFs, combining sector exposure with covered-call approach for income.
ETF investors can ride or hedge against banking sector volatility through financial sector funds like XLF and KBE, which hold top banks like JPM and BofA.
Big banks crushed Q2 earnings estimates, but stocks slipped as investors focused on weaker guidance. Citigroup hit record highs, while Wells Fargo and BlackRock tumbled.Chiedi a ChatGPT
