FNCL News and Press, Fidelity MSCI Financials Index From 06/07/19

As the market prices in a higher probability of the Fed cutting rates come July and September, bank stocks slip. More news on: Bank of America Corporation, Citigroup Inc., JPMorgan Chase & Co., Financial stocks news, News on the U.S. economy, Stocks on the move, News on ETFs, Rea...

While declining interest rates are likely to dent banks' net interest margins, other factors are likely hurting their stocks, analysts say. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Direxion Daily Financial Bear 3x Shares ETF, Financial st...

Total household debt increased 0.9% to $13.67T in Q1 2019, and is now $993B higher than the previous peak of $12.68T in Q3 2008, according to the Federal Reserve Bank of New York's Quarterly Report on Household Debt and Credit. More news on: Financial Select Sector SPDR ETF, Direxion Dai...

The Federal Reserve observes risky debt issuance has picked up recently, though refinancing activity has decreased because of "somewhat elevated spreads," according to the central bank's semi-annual Financial Stability Report. More news on: Financial Select Sector SPDR ETF, Direxion Dail...

The new head of the Consumer Financial Protection Bureau  plans to continue her predecessor's review of its public complaints database, Reuters reports. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Direxion Daily Financial Bear 3x Share...

Four of the six largest American banks delivered a mixed bag of first-quarter financial results this past week - but that's probably the sector's best this year, especially if the Fed does not increase interest rates, according to Citigroup . More news on: Rex Shares MicroSectors U.S. Big...

This article provides an impact assessment of the FOMC April/May30-1 2019 meeting and a possible rise in the Federal Funds Rate ((FFR)) to 2.75%. The Federal Reserve held the target range for FFR at 2.25-2.5 percent during its policy meeting of March 2019 and reaffirmed its position to be pa...

This blog post addressing Financial sector earnings came out Thursday night, which didn't help readers, so I wanted to do one more dissection of expected S&P 500 2019 earnings and make the case for Financials from a different perspective. The above I/B/E/S by Refinitiv table from This ...

Corporate high yield, as symbolized by the iShares iBoxx $ High Yield Corporate Bond ETF (HYG), outperformed the S&P 500 this week, returning +0.61% vs. the SPY's +0.51%. I would think that would bode well for forward returns for the S&P 500, as the key benchmark is now just 35 point...

Financial stocks power up as the first crop of Q1 bank earnings come in stronger-than-expected, for the most part. More news on: Financial Select Sector SPDR ETF, SPDR S&P Regional Banking ETF, JPMorgan Chase & Co., Financial stocks news, Stocks on the move, News on ETFs, Read ...