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Sector Update: Financial
Jul 30, 2024 1:05 PM

03:30 PM EDT, 07/30/2024 (MT Newswires) -- Financial stocks advanced in late Tuesday afternoon trading with the NYSE Financial Index adding 0.6% and the Financial Select Sector SPDR Fund (XLF) ahead 1%.

The Philadelphia Housing Index rose 1%, and the Real Estate Select Sector SPDR Fund (XLRE) gained 0.5%.

Bitcoin (BTC-USD) fell 1.5% to $65,787, and the yield for 10-year US Treasuries dropped 4 basis points to 4.14%.

In economic news, US job openings fell to 8.184 million in June from 8.230 million in May, according to the Bureau of Labor Statistics. The June level topped the 8 million openings expected in a survey compiled by Bloomberg.

The Conference Board's measure of consumer confidence rose to 100.3 in July from a downwardly revised 97.8 in June, exceeding the 99.7 expected in a Bloomberg survey.

In corporate news, Getty Realty ( GTY ) shares dropped nearly 5% after the company said Tuesday that it priced a public offering of 3.5 million shares at $30.10 per share.

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