Financials: Post-election rally powers sector to strong 2024 finish

Fri, Dec 27, 2024, 10:26 AM

The Financial Select Sector SPDR Fund (XLF) is concluding 2024 as the second-best performer among the eleven S&P 500 (^GSPC) sectors, with gains of 29% and outpacing the broader S&P 500 index. Yahoo Finance Senior Business Reporter Ines Ferré analyzes the key drivers behind the sector's performance, particularly following President-elect Donald Trump's electoral victory.

To watch more expert insights and analysis on the latest market action, check out more Wealth here.

This post was written by Angel Smith