United States   Tech   Markets   Politics   Business   Science   Memes  









SPDR S&P Regional Banking  on March 27, 2023


Balanced News


Financials Remain in Focus but Not All ETFs Are the Same - ETF Trends

Though financials are 13% of the SPDR S&P 500 ETF (SPY), roughly half the size of the information technology sector, it has been the focus throughout March. Between the regional bank failures, the efforts by the government and larger banks to restore confidence including increased borrowing from the Federal Reserve’s discount window, the impact from the Fed’s latest rate hike, and the GICS changes that reduced the sector’s dependence on banks, there’s a lot going on.

etftrends.com     Mar 27, 2023