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
Apr 17, 2024 7:56 AM

08:58 AM EDT, 04/17/2024 (MT Newswires) -- Financial stocks were advancing pre-bell Wednesday as the Financial Select Sector SPDR Fund (XLF) was 0.2% higher recently.

The Direxion Daily Financial Bull 3X Shares (FAS) was up 0.7% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.7% lower.

U.S. Bancorp ( USB ) was down almost 4% after it reported lower Q1 earnings and revenue.

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 >
Nasdaq Reports November Decline in US Equity Options Volume
Nasdaq Reports November Decline in US Equity Options Volume
Mar 10, 2026
05:05 PM EST, 12/03/2025 (MT Newswires) -- Nasdaq (NDAQ) said Wednesday its US equity options volume fell to 351 million contracts in November from 423 million in October. US matched equity volume for November decreased to 53.38 billion shares from 65.60 billion in October. ...
Sector Update: Energy Stocks Gain in Afternoon Trading
Sector Update: Energy Stocks Gain in Afternoon Trading
Mar 10, 2026
01:49 PM EST, 12/03/2025 (MT Newswires) -- Energy stocks advanced Wednesday afternoon with the NYSE Energy Sector Index gaining 1.8% and the Energy Select Sector SPDR Fund (XLE) rising 1.9%. The Philadelphia Oil Service Sector Index jumped 3.4%, and the Dow Jones US Utilities Index fell 0.4%. West Texas Intermediate crude oil rose 1.1% to $59.24 a barrel, and global...
Strategy Stock Rallies: Crypto Stocks Climb As Bitcoin Bounces Back
Strategy Stock Rallies: Crypto Stocks Climb As Bitcoin Bounces Back
Mar 10, 2026
Strategy Inc ( MSTR ) shares are trading higher on Wednesday alongside other crypto-linked stocks after Bitcoin (CRYPTO: BTC) rose back above $92,000. MSTR is demonstrating bullish strength. Review the technical setup here. What Happened: Strategy saw renewed attention on Wednesday after executive chair Michael Saylor claimed the asset now consumes more energy than the U.S. Navy, and even the combined...
Update: Gold Rises as a Drop in U.S. Private Sector Employment Last Month Firms Rate-Cut Expectations
Update: Gold Rises as a Drop in U.S. Private Sector Employment Last Month Firms Rate-Cut Expectations
Mar 10, 2026
02:00 PM EST, 12/03/2025 (MT Newswires) -- (Updates prices.) Gold traded higher midafternoon on Wednesday as the dollar and treasury yields fell after a report showed an unexpected drop in U.S. private-sector jobs last month, firming expectations the Federal Reserve will cut interest rates next week. Gold for February delivery was last seen up US$16.80 to US$4,237.60 per ounce. The...
Copyright 2023-2026 - www.financetom.com All Rights Reserved