financetom
Market
financetom
/
Market
/
Sector Update: Financial
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Financial
Dec 27, 2024 10:59 AM

01:27 PM EST, 12/27/2024 (MT Newswires) -- Financial stocks declined in Friday afternoon trading with the NYSE Financial Index and the Financial Select Sector SPDR Fund (XLF) both falling 1%.

The Philadelphia Housing Index dropped 1.3%, and the Real Estate Select Sector SPDR Fund (XLRE) shed 0.8%.

Bitcoin (BTC-USD) declined 1.3% to $94,537, and the yield for 10-year US Treasuries rose 3.2 basis points to 4.611%.

In economic news, data released by the US Census Bureau showed the US advance international trade in goods deficit widened to $102.86 billion in November from $98.26 billion in October, a bigger gap than the $101.2 billion deficit expected in a survey compiled by Bloomberg.

In corporate news, Brookfield Asset Management ( BAM ) and co-investors bought a 53% stake in French renewables developer Neoen for 39.85 euros ($41.53) a share, Bloomberg reported. Brookfield shares fell 1.8%.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Tax firm Andersen reveals over 12% revenue jump in US IPO filing
Tax firm Andersen reveals over 12% revenue jump in US IPO filing
Sep 21, 2025
By Ateev Bhandari and Arasu Kannagi Basil (Reuters) -Andersen Group reported a 12.4% rise in revenue for the first half of 2025, the professional services firm disclosed on Friday in its U.S. initial public offering filing, setting the stage for a rare listing by a consulting firm. New listings have gained traction as buoyant equity markets and robust corporate earnings...
US STOCKS-Wall St closes higher with indexes notching weekly gains
US STOCKS-Wall St closes higher with indexes notching weekly gains
Sep 21, 2025
(Recasts to reflect preliminary close of trading) * FedEx ( FDX ) results top targets on cost-cutting, shares jump * Lennar ( LEN ) drops on weak forecast * Trump, Xi make trade progress in first call since June By Abigail Summerville and Purvi Agarwal Sept 19 (Reuters) - Wall Street's main indexes closed higher on Friday, and also posted...
US Equity Markets Extend Rallies to Records on US-China Optimism
US Equity Markets Extend Rallies to Records on US-China Optimism
Sep 21, 2025
04:15 PM EDT, 09/19/2025 (MT Newswires) -- US equity indexes ended higher on Friday as benchmark gauges extended rallies to records amid optimism on trade negotiations between the US and China. * Chinese President Xi Jinping urged US President Donald Trump during a call on Friday to avoid imposing restrictive trade measures, according to China's Xinhua News Agency. Following the...
Sector Update: Health Care Stocks Mixed Late Afternoon
Sector Update: Health Care Stocks Mixed Late Afternoon
Sep 21, 2025
04:02 PM EDT, 09/19/2025 (MT Newswires) -- Health care stocks were mixed late Friday afternoon, with the NYSE Health Care Index easing 0.1% and the Health Care Select Sector SPDR Fund (XLV) up 0.1%. The iShares Biotechnology ETF (IBB) declined 0.5%. In corporate news, Johnson & Johnson ( JNJ ) said an experimental treatment combining Tecvayli and Darzalex Faspro showed...
Copyright 2023-2026 - www.financetom.com All Rights Reserved