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Sector Update: Financial
Aug 9, 2024 12:34 PM

03:26 PM EDT, 08/09/2024 (MT Newswires) -- Financial stocks were higher in late Friday afternoon trading, with the NYSE Financial Index rising 0.4% and the Financial Select Sector SPDR Fund (XLF) adding 0.5%.

The Philadelphia Housing Index rose 0.3%, and the Real Estate Select Sector SPDR Fund (XLRE) was up 0.6%.

Bitcoin (BTC-USD) fell 1.9% to $60,534, and the yield for 10-year US Treasuries declined 6 basis points to 3.94%.

In corporate news, Goldman Sachs ( GS ) partner and mergers and acquisitions banker David Kamo has left to join Evercore as a senior managing director, Bloomberg reported Friday. Goldman shares were adding 0.8%.

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