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Sector Update: Financial
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Sector Update: Financial
Aug 20, 2024 1:54 PM

03:33 PM EDT, 08/20/2024 (MT Newswires) -- Financial stocks were decreasing in late Tuesday afternoon trading, with the NYSE Financial Index shedding 0.5% and the Financial Select Sector SPDR Fund (XLF) off 0.4%.

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

Bitcoin (BTC-USD) was rising 0.6% to about $59,382, and the yield for 10-year US Treasuries was decreasing 5 basis points to 3.82%.

In corporate news, Insight Acquisition ( INAQ ) said Tuesday that it has received a Nasdaq notice stating that its listed securities failed to comply with the $15 million market value requirement for continued listing. Its shares shed 0.3%.

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