CIFR, AHL, BBAR, CRCL move the most in week's financials roundup
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Financial stocks experienced significant gains this week, driven by a dovish shift from the Federal Reserve. Cipher Mining (CIFR) led the rise with a 23% increase, followed by Aspen Insurance Holdings (AHL) at 22%. Other notable gainers included UP Fintech Holding (TIGR) and Riot Platforms (RIOT). Conversely, BBVA Argentina (BBAR) fell 13% after disappointing Q2 results, while Circle Internet Group (CRCL) dropped 9.5% despite an acquisition announcement. Overall, the Financial Select Sector SPDR ETF (XLF) rose 2.1%, mirroring the S&P 500 Index's performance.
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