Financial stocks rebounded after AI disruption risk weighed on sentiment last week. The State Street Financial Sel Sec SPDR ETF (XLF) added 1.63% from the prior week to close at $52.49.
Private-equity firm Blue Owl Capital (OWL) tumbled nearly 15% this week as it was forced to liquidate $1.4 billion in assets to pay investors looking to exit one of its private credit funds.