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
Jun 20, 2024 6:27 AM

09:01 AM EDT, 06/20/2024 (MT Newswires) -- Financial stocks were edging higher pre-bell Thursday with the Financial Select Sector SPDR Fund (XLF) 0.02% higher recently.

The Direxion Daily Financial Bull 3X Shares (FAS) was up 0.5% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.3% lower.

Carlyle Group ( CG ) was up more than 1% after saying it has agreed to acquire the Italy, Egypt, and Croatia gas-weighted exploration and production assets of Energean.

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 >
Russian rouble slightly strengthens against US dollar
Russian rouble slightly strengthens against US dollar
May 24, 2024
MOSCOW, May 24 (Reuters) - The Russian rouble slightly strengthened against the U.S. dollar on Friday. By 0715 GMT, the rouble was 0.16% higher at 89.87 to the dollar after trading in a range of 89.810 to 90.770. Against the euro, the rouble rose 0.35% to 97.28 and gained 0.36% to 12.35 against the yuan . Brent crude oil, a...
EMERGING MARKETS-Most EM stocks, FX eye weekly losses amid Fed rate worries
EMERGING MARKETS-Most EM stocks, FX eye weekly losses amid Fed rate worries
May 24, 2024
* Chinese shares close around 1% lower, HK down as well * EM stocks down 0.7%, set for weekly losses By Shashwat Chauhan May 24 (Reuters) - Most emerging market currencies were on track for weekly losses on Friday as ebbing expectations for Federal Reserve interest rate cuts supported the dollar, while developing world stocks were set for their first...
South African Markets - Factors to watch on May 24
South African Markets - Factors to watch on May 24
May 23, 2024
JOHANNESBURG, May 24 (Reuters) - The following scheduled economic event, equity and currency market moves may affect South African markets on Friday. ECONOMIC EVENTS South Africa's government to hold its weekly auction of inflation-linked bonds. SOUTH AFRICAN MARKETS The South African rand weakened on Thursday, after Federal Reserve meeting minutes released on Wednesday hinted that interest rates will remain higher...
Japan's Nikkei slumps to weekly loss as Fed outlook weighs
Japan's Nikkei slumps to weekly loss as Fed outlook weighs
May 23, 2024
(Updates with closing prices) By Kevin Buckland TOKYO, May 24 (Reuters) - Japan's Nikkei share average sank on Friday, tracking declines on Wall Street after robust U.S. economic data stoked bets that stubborn inflation may delay Federal Reserve interest rate cuts. The Nikkei sagged 1.17% to 38,646.11 as of the close, and had earlier dipped as much as 1.9%. The...
Copyright 2023-2025 - www.financetom.com All Rights Reserved