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 >
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Thursday as Trump Links Chip Tariff Relief to US Factory Plans
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Thursday as Trump Links Chip Tariff Relief to US Factory Plans
Aug 7, 2025
08:29 AM EDT, 08/07/2025 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was up 0.6% and the actively traded Invesco QQQ Trust (QQQ) was 0.7% higher in Thursday's premarket activity, buoyed by potential tariff carve-outs for US-based factories. US stock futures were also higher, with S&P 500 Index futures up 0.7%, Dow...
McEwen Mining Down 3.1% Pre-market Following Swing to Q2 Profit as Higher Gold Prices Offset Lower Production
McEwen Mining Down 3.1% Pre-market Following Swing to Q2 Profit as Higher Gold Prices Offset Lower Production
Aug 7, 2025
08:38 AM EDT, 08/07/2025 (MT Newswires) -- McEwen Mining (MUX.TO) was last seen down 3.1% in pre-market New York trading after the company on Thursday said it swung to a profit in the second quarter on higher gold prices even as production fell. The company said it earned US$3.0 million, or US$0.06 per share, in the quarter, compared with a...
Stocks Gain Pre-Bell as Trump's Sweeping New Tariffs Take Effect; Investors Assess Apple's $600 Billion US Investment Plan
Stocks Gain Pre-Bell as Trump's Sweeping New Tariffs Take Effect; Investors Assess Apple's $600 Billion US Investment Plan
Aug 7, 2025
07:46 AM EDT, 08/07/2025 (MT Newswires) -- US equity markets were tracking in the green before the opening bell Thursday as President Donald Trump's sweeping new tariffs on imports from several trading partners went into effect, while investors assess Apple's ( AAPL ) decision to increase its investment in the US to $600 billion. The S&P 500 and the Nasdaq...
Trump Floats Semiconductor Tariff Exemption, Lifting US Equity Futures Pre-Bell
Trump Floats Semiconductor Tariff Exemption, Lifting US Equity Futures Pre-Bell
Aug 7, 2025
08:23 AM EDT, 08/07/2025 (MT Newswires) -- US equity futures were higher pre-bell Thursday after President Donald Trump suggested a potential carveout from upcoming semiconductor tariffs. Dow Jones Industrial Average futures were 0.5% higher, S&P 500 futures were up 0.6%, and Nasdaq futures were 0.7% higher. Trump said that companies could avoid the proposed 100% tariffs on chips by committing...
Copyright 2023-2026 - www.financetom.com All Rights Reserved