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
Jul 19, 2024 1:09 PM

03:27 PM EDT, 07/19/2024 (MT Newswires) -- Financial stocks were decreasing in late Friday afternoon trading, with the NYSE Financial Index easing 0.5% and the Financial Select Sector SPDR Fund (XLF) shedding 0.9%.

The Philadelphia Housing Index was adding 0.5%, and the Real Estate Select Sector SPDR Fund (XLRE) edged up 0.1%.

Bitcoin (BTC-USD) surged 5% to $67,171, and the yield for 10-year US Treasuries was rising 5 basis points to 4.24%.

In corporate news, Green Dot ( GDOT ) shares tumbled 5% after the Federal Reserve fined the company $44 million for unfair and deceptive practices, as well as inadequate compliance risk management.

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: Financial
Sector Update: Financial
Dec 5, 2024
01:35 PM EST, 12/05/2024 (MT Newswires) -- Financial stocks were advancing in Thursday afternoon trading, with the NYSE Financial Index and the Financial Select Sector SPDR Fund (XLF) each adding 0.5%. The Philadelphia Housing Index was shedding 0.8%, and the Real Estate Select Sector SPDR Fund (XLRE) was down 0.4%. Bitcoin (BTC-USD) was gaining 5.4% to $101,043, and the yield...
Sector Update: Health Care
Sector Update: Health Care
Dec 5, 2024
01:38 PM EST, 12/05/2024 (MT Newswires) -- Health care stocks fell Thursday afternoon, with the NYSE Health Care Index and the Health Care Select Sector SPDR Fund (XLV) each shedding 1%. The iShares Biotechnology ETF (IBB) was down 0.9%. In corporate news, Protara Therapeutics ( TARA ) shares doubled after the company said its investigational therapy TARA-002 showed a complete...
Sector Update: Tech
Sector Update: Tech
Dec 5, 2024
01:34 PM EST, 12/05/2024 (MT Newswires) -- Tech stocks were declining Thursday afternoon, with the Technology Select Sector SPDR Fund (XLK) decreasing 0.6% and the SPDR S&P Semiconductor ETF (XSD) falling 1.2%. The Philadelphia Semiconductor index dropped 1.8%. In corporate news, Synopsys ( SNPS ) shares tumbled 12% as it issued a downbeat full-year revenue outlook despite reporting fiscal Q4...
Sector Update: Consumer Stocks Rise in Afternoon Trading
Sector Update: Consumer Stocks Rise in Afternoon Trading
Dec 5, 2024
01:50 PM EST, 12/05/2024 (MT Newswires) -- Consumer stocks were higher Thursday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.5% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 1%. In corporate news, American Airlines ( AAL ) shares surged over 16%. The company updated its Q4 adjusted EPS outlook Thursday to a range of...
Copyright 2023-2026 - www.financetom.com All Rights Reserved