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
Mar 6, 2024 11:07 AM

01:34 PM EST, 03/06/2024 (MT Newswires) -- Financial stocks were advancing in Wednesday afternoon trading, with the NYSE Financial Index and the Financial Select Sector SPDR Fund (XLF) each rising around 0.6%.

The Philadelphia Housing Index was adding 0.6% and the Real Estate Select Sector SPDR Fund (XLRE) was up 0.5%.

Bitcoin (BTC-USD) was increasing 5.5% to $67,309, and the yield for 10-year US Treasuries was down 5 basis points to 4.09%.

In economic news, US job openings fell to 8.863 million in January, the Bureau of Labor Statistics reported Wednesday, slightly above the 8.85 million expected in a survey compiled by Bloomberg, but below the 8.889 million reported in December.

In corporate news, New York Community Bancorp ( NYCB/PU ) shares plunged 42%. The lender is seeking to raise equity capital and is trying to assess investors' interest in buying its stock, The Wall Street Journal reported.

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 >
Sector Update: Health Care
Sector Update: Health Care
Feb 25, 2025
08:51 AM EST, 02/25/2025 (MT Newswires) -- Health care stocks were mixed pre-bell Tuesday as the Health Care Select Sector SPDR Fund (XLV) was up 0.3% and the iShares Biotechnology ETF (IBB) was marginally down recently. Maravai Lifesciences ( MRVI ) shares fell 14% after the company said it is postponing to March 18 its Q4 earnings release and conference...
Wall St set for muted open as US plans tighter curbs on chip exports to China
Wall St set for muted open as US plans tighter curbs on chip exports to China
Feb 25, 2025
By Johann M Cherian and Sukriti Gupta (Reuters) -Stock futures indicated a subdued opening for Wall Street on Tuesday as markets braced for the potential impact of more stringent U.S. trade controls on Beijing and awaited quarterly earnings from AI-chip leader Nvidia. Investors focused on a report that said the U.S. was planning further restrictions on Nvidia's chip exports to...
Exchange-Traded Funds, Equity Futures Mixed Pre-Bell Tuesday Amid Underwhelming Economic Data, Renewed Trade Tensions
Exchange-Traded Funds, Equity Futures Mixed Pre-Bell Tuesday Amid Underwhelming Economic Data, Renewed Trade Tensions
Feb 25, 2025
08:33 AM EST, 02/25/2025 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was up 0.04% and the actively traded Invesco QQQ Trust (QQQ) retreated 0.1% in Tuesday's premarket activity as markets traded mixed amid underwhelming economic data combined with renewed trade tensions. US stock futures were also mixed, with S&P 500 Index...
Sector Update: Tech
Sector Update: Tech
Feb 25, 2025
08:44 AM EST, 02/25/2025 (MT Newswires) -- Technology stocks were mixed premarket Tuesday, with The Technology Select Sector SPDR Fund (XLK) 0.3% higher and the SPDR S&P Semiconductor ETF (XSD) down 1.1%. DigitalOcean Holdings ( DOCN ) shares were up over 18% after the company reported higher Q4 non-GAAP net income and revenue. ...
Copyright 2023-2025 - www.financetom.com All Rights Reserved