Financial stocks surge in holiday-shortened week with Cipher Mining leading the way

The Financial Select Sector SPDR ETF (XLF) rose 2.7% and the S&P 500 gained 2.3% during the holiday-shortened week. Cipher Mining (CIFR) was the top performer among financial stocks, followed by Circle Internet, eToro, CIFR, and AIFU. These gains were driven by the broader stock market, which saw a rise in financial stocks.