FINANCIAL SEL (XLF)

KRE has declined more than 3% this year, while XLF is up more than 5%. The divergence between the two ETFs is getting larger.

Elon Musk expressed disappointment with Trump's massive spending package, saying that it "undermines the work that the DOGE team is doing."

Bond yields climb as Trump's tax plan adds $3 trillion to U.S. debt. Analysts warn of risks to Treasuries and regional banks.

Top U.S. banks are contemplating a joint venture to issue a dollar-pegged stablecoin in an attempt to counter the increasing competition from the cryptocurrency sector, according to a report dated Thurday, May 22.

The deal attracted scrutiny from Democratic lawmakers last year on concerns about reduced competition and harm to low-income customers.

As JPMorgan Chase prepares for its annual investor day on May 19, traders are eyeing five themes—CEO succession, capital use, credit trends, and more—to gauge future performance.

April employment report: strong job growth, slow wage growth = stable inflation, potential rate cuts. Financial ETFs may benefit from this balance.

U.S. stocks traded mixed at midday Wednesday, as investors remained cautious ahead of the Federal Reserve’s upcoming policy decision, with Chair Jerome Powell set to speak at 2:30 p.m. ET.

Utility stocks hit new highs amid trade policy uncertainty, with Utilities Select Sector SPDR Fund up 6.3% YTD. Constellation Energy Corp. jumps 11.87%.