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
Oct 2, 2024 10:27 PM

01:33 PM EDT, 10/01/2024 (MT Newswires) -- Financial stocks fell in Tuesday afternoon trading with the NYSE Financial Index and the Financial Select Sector SPDR Fund (XLF) both shedding 0.7%.

The Philadelphia Housing Index dropped 0.6%, and the Real Estate Select Sector SPDR Fund (XLRE) declined 1%.

Bitcoin (BTC-USD) fell 3.1% to $61,409, and the yield for 10-year US Treasuries slumped 9.1 basis points to 3.711%.

In economic news, US job openings rose to 8.04 million in August, according to the Bureau of Labor Statistics, higher than the 7.673 million expected in a survey compiled by Bloomberg.

The Institute for Supply Management's US manufacturing index was unchanged in September from the 47.2 reading in August, compared with expectations for an increase to 47.5 in a survey compiled by Bloomberg.

In corporate news, Charles Schwab ( SCHW ) shares fell 1.5% after the company said Walt Bettinger will retire as chief executive officer at the end of the year as part of a multiyear succession plan.

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: Tech Stocks Flat to Higher Pre-Bell Thursday
Sector Update: Tech Stocks Flat to Higher Pre-Bell Thursday
Nov 2, 2024
09:09 AM EDT, 10/24/2024 (MT Newswires) -- Technology stocks were flat to higher pre-bell Thursday, with the SPDR S&P Semiconductor ETF ( XSD ) inactive and The Technology Select Sector SPDR Fund ( XLK ) up 0.8%. Teradyne ( TER ) shares were down more than 2% even after the company reported higher Q3 adjusted earnings and net revenue. WEX...
Sector Update: Financial Stocks Edge Higher Pre-Bell Thursday
Sector Update: Financial Stocks Edge Higher Pre-Bell Thursday
Nov 3, 2024
09:15 AM EDT, 10/24/2024 (MT Newswires) -- Financial stocks were edging higher pre-bell Thursday as the Financial Select Sector SPDR Fund ( XLF ) recently advanced by 0.2%. The Direxion Daily Financial Bull 3X Shares ( FAS ) was up 0.3% and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 0.4% lower. KKR (KKR) shares...
US STOCKS-Wall Street set to bounce back as Tesla soars
US STOCKS-Wall Street set to bounce back as Tesla soars
Nov 3, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Tesla jumps after strong sales forecast * UPS advances following quarterly profit beat * Boeing ( BA ) down after workers reject latest contract * Weekly jobless claims lower than forecasts * Futures: Dow down 0.1%, S&P 500 up...
Technology Stocks Rise After Tesla Earnings as US Equity Futures Trade Mixed Pre-Bell
Technology Stocks Rise After Tesla Earnings as US Equity Futures Trade Mixed Pre-Bell
Nov 2, 2024
09:10 AM EDT, 10/24/2024 (MT Newswires) -- US equity futures were mixed ahead of Thursday's opening bell, with futures of the technology-heavy Nasdaq Composite index rising after upbeat earnings from electric vehicle maker Tesla (TSLA). Dow Jones Industrial Average futures slipped 0.1%, S&P 500 futures rose 0.4%, and Nasdaq futures were up 0.9%. Tesla reported late Wednesday higher Q3 adjusted...
Copyright 2023-2026 - www.financetom.com All Rights Reserved