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 3, 2024 12:38 AM

01:37 PM EDT, 09/23/2024 (MT Newswires) -- Financial stocks were mixed in Monday afternoon trading, with the NYSE Financial Index up 0.1% and the Financial Select Sector SPDR Fund (XLF) off 0.1%.

The Philadelphia Housing Index was rising 0.8%, and the Real Estate Select Sector SPDR Fund (XLRE) was adding 0.6%.

Bitcoin (BTC-USD) was declining 0.7% to $63,199, and the yield for 10-year US Treasuries was little changed at 3.74%.

In economic news, the September flash reading of manufacturing conditions from S&P Global fell to a 15-month low of 47.0 from 47.9 in August, below the 48.6 in a survey compiled by Bloomberg. The services conditions index slid to a two-month low of 55.4 in September from 55.7 in August but was slightly above expectations for 55.2. The composite declined to 54.4 in September from 54.6 in August, a two-month low.

In corporate news, Carlyle-backed (CG) StandardAero is looking to sell 46.5 million shares at an anticipated price of $20 to $23 per share in an initial public offering, the company said in a regulatory filing Monday. Carlyle shares were shedding 0.6%.

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: Energy Stocks Rise in Friday Afternoon Trading
Sector Update: Energy Stocks Rise in Friday Afternoon Trading
Jul 26, 2024
01:43 PM EDT, 07/26/2024 (MT Newswires) -- Energy stocks were higher Friday afternoon, with the NYSE Energy Sector Index and the Energy Select Sector SPDR Fund (XLE) each adding 0.6%. The Philadelphia Oil Service Sector index was posting a 1.1% increase, and the Dow Jones US Utilities index was up 1%. Front-month West Texas Intermediate crude oil was declining 1%...
Sector Update: Financial
Sector Update: Financial
Jul 26, 2024
01:34 PM EDT, 07/26/2024 (MT Newswires) -- Financial stocks were advancing in Friday afternoon trading, with the NYSE Financial Index rising 1.6% and the Financial Select Sector SPDR Fund (XLF) ahead 1.8%. The Philadelphia Housing Index was climbing 3.4%, and the Real Estate Select Sector SPDR Fund (XLRE) was up 1.7%. Bitcoin (BTC-USD) was gaining 5% to $67,439, and the...
Top Midday Gainers
Top Midday Gainers
Jul 26, 2024
01:40 PM EDT, 07/26/2024 (MT Newswires) -- 3M ( MMM ) lifted the low end of its full-year adjusted earnings outlook after reporting Q2 results Friday above market estimates. Shares jumped more than 18% in recent Friday trading as intraday trading volume soared to over 19 million versus the stock's daily average of about 4.5 million. BurgerFi International ( BFI...
Sector Update: Consumer Stocks Gain in Afternoon Trading
Sector Update: Consumer Stocks Gain in Afternoon Trading
Jul 26, 2024
01:48 PM EDT, 07/26/2024 (MT Newswires) -- Consumer stocks were rising Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 1.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) up about 1%. In corporate news, Mohawk Industries ( MHK ) shares surged 19% after BofA Securities upgraded the company to buy from underperform, while raising its...
Copyright 2023-2026 - www.financetom.com All Rights Reserved