Big Banks Power Up: JPMorgan, Goldman Sachs, Morgan Stanley Strengthen Financial ETFs

Financial-sector ETFs rebounded as gains in major Wall Street banks and dealmakers helped blunt the lingering policy noise, underlining the sector’s resilience after a volatile start to the week. • State Street Financial Select Sector SPDR ETF stock is trading near recent highs. Where are XLF shares going?Shares of JPMorgan Chase & Co (NYSE:JPM) , Goldman Sachs Group Inc (NYSE:GS) , Morgan Stanley (NYSE:MS) and Citigroup Inc (NYSE:C) all rose meaningfully on Thursday, bolstering broad financial ETFs despite ...