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FTXO News and Press, First Trust Nasdaq Bank ETF

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Company Name: First Trust Nasdaq Bank ETF
Stock Symbol: FTXO
Market: NASDAQ

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FTXO - Wells Fargo is bullish on the banking sector and upgrades the segment to outperform

2024-07-18 10:22:23 ET Wells Fargo's equity research team on Thursday upgraded its rating on U.S. banks to outperform, amid an overall look at lenders' valuations, technicals, and the macro picture of the marketplace.... Read the full article on Seeking Alpha For further details...

FTXO - Bank stocks: most big U.S. lenders outpacing S&P 500's YTD gain ahead of Q2 results

2024-07-11 18:23:22 ET Mag 7 weakness, soft earnings weigh on Nasdaq, S&P; Treasurys rally after CPI data Bank of America: Buy Before It Climbs More After Q2 Earnings JPMorgan And Citigroup: Both Should Have Decent 2Q's With Different Catalysts Federal Reserv...

FTXO - Conundrum Cubed: Scope 3 For Financials

2024-07-09 05:10:00 ET Summary Scope 3 emissions are uniquely difficult to measure and report on. Within Scope 3, Category 15 is widely seen as one of the most challenging categories. As financed emissions make up a huge proportion of financial institutions’ carbon foot...

FTXO - 5 Things To Consider Ahead Of Wells Fargo's Q2 2024 Earnings

2024-07-07 09:00:51 ET Summary Wells Fargo, which outperformed its peers, will report quarterly results on Friday before markets open. Wells Fargo stock traded in a narrow range between $57.00-$61.00, struggling to break above $60 despite strong stock grades. Last quarter (in ...

FTXO - CDT Insider Sentiment June 2024: Keep Your Seatbelt Fastened

2024-07-03 22:30:00 ET Summary Closing out the first half of 2024, the S&P 500 Total Return Index (which includes dividend reinvestment) is up an incredible +15.3%. According to Apollo asset management, Nvidia accounted for a record-breaking 34.5% of the total return in the S&...

FTXO - Even Smooth Bank Stress Test Results Fray Nerves

2024-07-01 09:35:00 ET Summary Of the 31 banks that underwent stress tests, all emerged with their common equity Tier 1 capital above the required minimum. The test showed banks would experience $684 billion of total losses, but all remained at or above their minimum required leve...

FTXO - First Trust Nasdaq Bank ETF declares $0.2216 dividend

2024-06-27 17:51:15 ET More on First Trust Nasdaq Bank ETF Top 10 best-performing bank stocks of 2024 as earnings results roll in Seeking Alpha’s Quant Rating on First Trust Nasdaq Bank ETF Dividend scorecard for First Trust Nasdaq Bank ETF Read the ...

FTXO - Is Earnings Growth Strong Enough To Sustain The Market Rally?

2024-06-17 08:30:00 ET Summary What earnings growth say about the markets. Has the market rally moved beyond big tech? Other sectors that may provide opportunities. ... Read the full article on Seeking Alpha For further details see: Is Earnings Gr...

FTXO - Status Of Banks' Unrealized Losses In Q1 Worsened After Brief Rate Cut Mania Relief

2024-05-30 04:10:00 ET Summary In Q1 2024, unrealized losses on securities held by commercial banks increased by $39 billion from Q4 to a cumulative loss of $517 billion. The securities are mostly Treasury securities and government-guaranteed MBS that don’t produce credit l...

FTXO - Pete Najarian On AI, Financials And Staying Disciplined

2024-05-27 07:00:00 ET Summary Pete Najarian, co-founder of Market Rebellion, discusses the current state of the economy, Fed policy, and the impact on the markets. Pete never bought into the "5, 6, 7 Fed cut" talk in early 2024 - but thinks the market largely has the Fed right no...

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