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 11, 2024 10:57 AM

01:35 PM EDT, 03/11/2024 (MT Newswires) -- Financial stocks were mixed in Monday afternoon trading, with the NYSE Financial Index dropping 0.2% and the Financial Select Sector SPDR Fund (XLF) advancing almost 0.1%.

The Philadelphia Housing Index was decreasing 0.6% and the Real Estate Select Sector SPDR Fund (XLRE) was down 0.4%.

Bitcoin (BTC-USD) jumped 5% to $72,491, and the yield for 10-year US Treasuries was steady at 4.09%.

In corporate news, James River (JRVR) said Monday that it has filed a complaint against Fleming Intermediate in New York County Supreme Court's Commercial Division. James River said the lawsuit seeks to require Fleming to complete its proposed acquisition of JRG Reinsurance per a stock purchase deal signed in November. James River shares decreased 16.8% in recent trading.

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 >
Invesco beats fourth-quarter profit estimates on higher income from fees
Invesco beats fourth-quarter profit estimates on higher income from fees
Jan 28, 2025
Jan 28 (Reuters) - Asset manager Invesco ( IVZ ) on Tuesday beat Wall Street estimates for fourth-quarter profit, as rising investor allocations to equities boosted inflows and fee income on managed assets. WHY IT'S IMPORTANT Equity markets have rallied as anticipation of a corporate-friendly fiscal and regulatory policy under the Trump administration has fueled investor optimism. The Federal Reserve's...
Investor Sentiment Improves After Slump in Tech, Driving Narrow Premarket Gains for US Equity Futures
Investor Sentiment Improves After Slump in Tech, Driving Narrow Premarket Gains for US Equity Futures
Jan 28, 2025
08:04 AM EST, 01/28/2025 (MT Newswires) -- US equity futures were marginally higher pre-bell Tuesday, with investor sentiment recovering after a technological sector slump fueled by concerns over Chinese AI startup DeepSeek. Dow Jones Industrial Average futures gained 0.01%, S&P 500 futures increased 0.1%, and Nasdaq futures were up 0.1%. The S&P 500 and Nasdaq Composite closed lower on Monday...
US STOCKS-S&P, Nasdaq futures steady after tech rout, earnings in focus
US STOCKS-S&P, Nasdaq futures steady after tech rout, earnings in focus
Jan 28, 2025
(For a Reuters live blog on U.S., UK and European stock markets, click/ or type LIVE/ in a news window.) * Royal Caribbean rises on higher-than-expected profit forecast * Jan consumer confidence data due at 10 a.m. ET * Futures: Dow down 0.11%, S&P 500 up 0.1%, Nasdaq up 0.21% (Updates with results from Boeing ( BA ), Royal Caribbean)...
Exchange-Traded Funds, Equity Futures Edge Higher Pre-Bell Tuesday as Tech Sector Stabilizes Post-DeepSeek Selloff
Exchange-Traded Funds, Equity Futures Edge Higher Pre-Bell Tuesday as Tech Sector Stabilizes Post-DeepSeek Selloff
Jan 28, 2025
08:10 AM EST, 01/28/2025 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was up 0.2% and the actively traded Invesco QQQ Trust (QQQ) advanced 0.2% in Tuesday's premarket activity, as markets recovered after a significant decline in tech stocks, driven by concerns over competition from China's AI company DeepSeek. US stock futures...
Copyright 2023-2026 - www.financetom.com All Rights Reserved