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Published on 7 Nov 2024 on Benzinga

9 Stocks To Watch As Bank Stocks Blow Past Tech Names In 2024: Thank The 'Trump...


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Financial stocks have surged ahead of tech in year-to-date performance, fueled by a Trump-led rally on Wednesday that lifted banks and brokers amid investor expectations of a deregulation-friendly political landscape ahead.

The Financial Select Sector SPDR Fund XLF has risen by 30% in 2024, outpacing the Technology Select Sector SPDR Fund XLK, which is up 26% this year.

NYSE.XLK price evolution

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