As of the close of trading on September 18, the SPDR financial sector ETF reported a cumulative decline of about 2% this week. It is on its way to the biggest weekly decline since March this year, and has closed down for four consecutive trading days. On Wednesday, XLF fell 1.62% in a single day to close at $55.93, the biggest drop of the week. The financial sector is under pressure this week, mainly due to the double impact of rising expectations of the Federal Reserve's interest rate hike and the shift of market capital to the technology growth sector.

As of the close of trading on September 18, the SPDR financial sector ETF reported a cumulative decline of about 2% this week. It is on its way to the biggest weekly decline since March this year, and has closed down for four consecutive trading days. On Wednesday, XLF fell 1.62% in a single day to close at $55.93, the biggest drop of the week. The financial sector is under pressure this week, mainly due to the double impact of rising expectations of the Federal Reserve's interest rate hike and the shift of market capital to the technology growth sector.