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Exchange-traded funds tracking the financial sector were among the biggest winners this week, propelled by the Federal Reserve's decision to cut its overnight lending rate by another quarter-point to 2%.
The Ultra Financials ProShares (UYG Quote) had a particularly good week, surging 5.2% since Monday.
At the same time, the Financial Select Sector SPDR (XLF Quote), the Vanguard Financials ETF (VFH Quote), the iShares Dow Jones U.S. Financial Sector (IYF Quote) fund and the iShares S&P Global Financials (IXG Quote) ETF each added 2.3% or more. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,309.92 | 1,091.49 | 2,138.44 | 32.31 |
Oil *
77.12
|
|
DOWN
154.48
|
DOWN
19.14
|
DOWN
37.61
|
DOWN
0.48
|
10 Yr
3.23%
SPDR Gold
115.06
|
|
-1.48%
|
-1.72%
|
-1.73%
|
-1.46%
|
Data delayed 20 minutes |
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