Markets
6.9
Financial sector ETF (XLF) rises 2.75% to $49.69
The Financial Select Sector SPDR Fund (XLF) gained 2.75% to close at $49.69 on April 1, 2026, with above-average trading volume of 32.5M shares. The move reflects broad strength in financial stocks but lacks context on underlying drivers—could reflect earnings optimism, rate expectations, or broader market rally.