Financial stocks get slammed as Canada, Mexico tariffs kick in (XLF:NYSEARCA)

Mar. 04, 2025 12:17 PM ETThe Financial Select Sector SPDR® Fund ETF (XLF), FINX, KBESCHW, AXP, BAC, COF, MS, USB, MET, CMA, BAM, TROW, KRE, PNC, LNC, PSP, IBKR, AB, BX, IVZ, KKR, CACC, CG, ALLY, SYF, XYZ, BHF, EQH, HOOD, SOFI, AFRM, BLKBy: Liz Kiesche, SA News Editor
(3min)
Businessman

D-Keine

Financial stocks are leading the broader stock averages down on Tuesday as Canada retaliated with 25% tariffs on imports from the U.S. to the Trump administration’s 25% tariffs on imports from Mexico and Canada.

The S&P 500 Financials sector (


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