State Street Financial Select Sector SPDR ETF News - September 2026
Japan’s 10-Year Yield Hits 30-Year High, Sparking Global Bond and Stock Sell-Off
Japan's 10-year government bond yield reached a 30-year high. This surge intensified a global debt market sell-off that originated with U.S....
Berkshire Hathaway Chairman Warren Buffett Resigns, Sparking Market Succession Questions
Warren Buffett resigned as Chairman of the Berkshire Hathaway board today. Dow Jones reported the announcement as a leading headline this morning. The move...
Federal Reserve eyes 25-basis-point hike, targeting persistent inflation
The Federal Open Market Committee expects to announce a 25-basis-point interest rate hike today. This move marks the first rate increase since July 2023....
Financials Drop as Fed Hikes Interest Rates
The financial sector fell sharply after the Federal Reserve announced its first interest rate hike in three years. While higher rates can benefit bank lending...
U.S. Treasury Doubles Long-Term Bond Buybacks, Boosting Market Liquidity
The U.S. Department of the Treasury increased the maximum size of its liquidity support buyback operations for longer-dated government bonds today. The...
21 Global Banks Launch USD Stablecoin, Challenging Crypto Dominance
A consortium of 21 global banks including Goldman Sachs, Bank of America, and Citigroup will form a new company to issue a U.S. dollar-backed stablecoin. The...
Financial Sector Surges on Rate Hike Speculation
The financial sector, as measured by the XLF ETF, is trading sharply higher, up over 1.5% in the current session. This move appears to be driven by...