XLF ETF Declines as Major Financial Stocks Underperform
The SPDR Financial Select Sector ETF (XLF) fell 1.01% to $51.42 for the week, with American Express, Bank of America, and Mastercard among the underperformers. The decline was influenced by market evaluations of developments in the Middle East, including a truce extension between Israel and Lebanon, alongside ongoing earnings releases.
