Financial Select Sector SPDR Fund (NYSEArca: XLF) saw its early rally fade but was still up fractionally at last check. The financial ETF has been hit hard during the recent stock-sell off and is down 20% year to date.
Buffett’s warrants to buy Bank of America stock have an exercise price of $7.14 a share. The stock nearly hit $9 in morning trade before pulling back.
Financial Select Sector SPDR Fund