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
Aug 22, 2024 3:38 AM

03:27 PM EDT, 08/21/2024 (MT Newswires) -- Financial stocks were mixed in late Wednesday afternoon trading with the NYSE Financial Index little changed and the Financial Select Sector SPDR Fund (XLF) off 0.4%.

The Philadelphia Housing Index gained 2.4%, and the Real Estate Select Sector SPDR Fund (XLRE) was up 0.1%.

Bitcoin (BTC-USD) rose 3.4% to $60,843, and the yield for 10-year US Treasuries shed 4 basis points to 3.78%.

In corporate news, Blackstone (BX) is in talks to acquire the Hyatt Regency Clearwater Beach Resort and Spa in Florida from Westmont Hospitality for $200 million, Bloomberg reported. Blackstone shares rose 1%.

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 >
TREASURIES-US yields sink as weak jobs data fuels Fed rate cut bets
TREASURIES-US yields sink as weak jobs data fuels Fed rate cut bets
Sep 4, 2025
* Weak jobs data leads to four-month low in Treasury yields * ADP report shows private payrolls rose less than expected * Fed rate cut expected with 97% probability, futures indicate (Adds analyst comment, bullets, fed funds pricing, updates yields) By Gertrude Chavez-Dreyfuss NEW YORK, Sept 4 (Reuters) - U.S. Treasury yields fell on Thursday, with those on two-year and...
Top Midday Stories: Goldman to Invest $1 Billion in T. Rowe as Part of Partnership Deal; Salesforce Shares Fall Following Downbeat Q3 Revenue Guidance at Midpoint
Top Midday Stories: Goldman to Invest $1 Billion in T. Rowe as Part of Partnership Deal; Salesforce Shares Fall Following Downbeat Q3 Revenue Guidance at Midpoint
Sep 4, 2025
11:52 AM EDT, 09/04/2025 (MT Newswires) -- All three major US stock indexes were up slightly in late-morning trading Thursday, as investors look ahead to Friday's August jobs report. The US Department of Justice has initiated a criminal investigation into Federal Reserve Governor Lisa Cook to determine whether she submitted fraudulent mortgage application data, The Wall Street Journal reported Thursday,...
Euro zone yields drop after US data, Fed officials' remarks
Euro zone yields drop after US data, Fed officials' remarks
Sep 4, 2025
(Updates throughout; adds Fed news in paragraph 3) By Stefano Rebaudo Sept 4 (Reuters) - Euro zone government bond yields fell on Thursday, after a surge earlier this week, as weak U.S. data and remarks from Federal Reserve officials reinforced bets that the central bank will cut interest rates in September. However, investors remained concerned about rising public debt and...
US STOCKS-Wall St muted after soft labor data; Salesforce weighs on Dow
US STOCKS-Wall St muted after soft labor data; Salesforce weighs on Dow
Sep 4, 2025
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Indexes: Dow down 0.11%, S&P 500 up 0.04%, Nasdaq down 0.01% * Salesforce ( CRM ) drops after downbeat revenue forecast * American Eagle Outfitters ( AEO ) surges on strong sales forecast * Private payrolls increase less than...
Copyright 2023-2026 - www.financetom.com All Rights Reserved