State Street Financial Select Sector SPDR ETF News - June 2026
BIS warns AI spending risks financial bust, citing $1 trillion tech surge
The Bank for International Settlements (BIS) warned of mounting risks to global financial stability in its 2026 Annual Economic Report. The report identifies...
JPMorgan and Peers Boost Payouts, Passing Fed Stress Tests
Major U.S. banks announced plans to increase capital returns on June 26. These moves follow successful results from the Federal Reserve's 2026 stress tests....
Fed releases bank stress test results, assessing 32 lenders for recession resilience
The Federal Reserve will release annual bank stress test results today, June 24, 2026. The announcement is scheduled for 4:00 p.m. EDT following the market...
Fed holds rates at 3.75%, signaling hawkish shift under Chair Warsh
The Federal Open Market Committee held the federal funds rate steady at a range of 3.50% to 3.75%. New Federal Reserve Chair Kevin Warsh concluded his debut...
Fed Chair Kevin Warsh Opens First Meeting, Targeting Three-Year Inflation High
The Federal Open Market Committee (FOMC) began its two-day monetary policy meeting today. This session is the first chaired by Kevin Warsh, who succeeded...
ECB Hikes Rates to 2.25%, Targeting Inflation From Iran Conflict
The European Central Bank (ECB) raised its benchmark interest rate to 2.25% on Thursday. The 0.25 percentage point increase marks the first major central bank...
EU sanctions 90 Russian banks and crypto firms to close loopholes
The European Union launched its 21st sanctions package against Russia on June 10, 2026. These measures target 90 Russian banks, bringing the total number of...