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 29, 2024 8:20 PM

03:24 PM EDT, 04/29/2024 (MT Newswires) -- Financial stocks declined in late Monday afternoon trading, with the NYSE Financial Index shedding 0.2% and the Financial Select Sector SPDR Fund (XLF) down 0.3%.

The Philadelphia Housing Index added 0.2%, and the Real Estate Select Sector SPDR Fund (XLRE) was 0.6% higher.

Bitcoin (BTC-USD) decreased 0.9% to $62,567, and the yield for 10-year US Treasuries fell 6 basis points to 4.61%.

In economic news, the Dallas Fed's monthly manufacturing index declined to minus 14.5 in April from minus 14.4 in March, compared with expectations for an increase to minus 11.3 in a survey compiled by Bloomberg.

In corporate news, Fulton Financial ( FULT ) shares jumped 7.3% after it said late Friday that it acquired substantially all of the assets and deposits of Republic First Bank from the Federal Deposit Insurance Corp. via its subsidiary Fulton Bank.

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
Jan 14, 2025
03:30 PM EST, 01/14/2025 (MT Newswires) -- Health care stocks declined late Tuesday afternoon with the NYSE Health Care Index falling 1.4% and the Health Care Select Sector SPDR Fund (XLV) dropping 1.2%. The iShares Biotechnology ETF (IBB) shed 1.9%. In corporate news, Johnson & Johnson's ( JNJ ) shares were down 0.1% after S&P Global Ratings said it placed...
Sector Update: Consumer
Sector Update: Consumer
Jan 14, 2025
03:29 PM EST, 01/14/2025 (MT Newswires) -- Consumer stocks fell late Tuesday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.3% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 0.5%. Redbook US same-store sales last week rose 4% from a year earlier, slower than the 6.8% increase in the previous week. In corporate news, Elon...
Sector Update: Tech
Sector Update: Tech
Jan 14, 2025
03:29 PM EST, 01/14/2025 (MT Newswires) -- Tech stocks were declining late Tuesday afternoon, with the Technology Select Sector SPDR Fund (XLK) down 0.2% and the SPDR S&P Semiconductor ETF (XSD) easing 0.1%. The Philadelphia Semiconductor index shed 0.2%. In corporate news, Microsoft ( MSFT )-backed (MSFT) OpenAI introduced a beta feature for scheduling tasks in ChatGPT. The feature lets...
Sector Update: Financial
Sector Update: Financial
Jan 14, 2025
03:29 PM EST, 01/14/2025 (MT Newswires) -- Financial stocks advanced in late Tuesday afternoon trading, with the NYSE Financial Index adding 0.8% and the Financial Select Sector SPDR Fund (XLF) rising 1%. The Philadelphia Housing Index climbed 2.4%, and the Real Estate Select Sector SPDR Fund (XLRE) increased 0.7%. Bitcoin (BTC-USD) rose 5% to $96,484, and the yield for 10-year...
Copyright 2023-2026 - www.financetom.com All Rights Reserved