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: Tech Stocks Decline Premarket Tuesday
Sector Update: Tech Stocks Decline Premarket Tuesday
Mar 19, 2024
09:09 AM EDT, 03/19/2024 (MT Newswires) -- Technology stocks were declining premarket Tuesday with the Technology Select Sector SPDR Fund ( XLK ) down 0.6% and the SPDR S&P Semiconductor ETF ( XSD ) 0.8% lower recently. Super Micro Computer ( SMCI ) was shedding 10% after it filed a registration statement for the sale of 2 million shares of...
Wall Street Set to Open Lower Ahead of Two-Day Fed Meeting; Housing Starts Surge Higher Than Expected
Wall Street Set to Open Lower Ahead of Two-Day Fed Meeting; Housing Starts Surge Higher Than Expected
Mar 19, 2024
09:18 AM EDT, 03/19/2024 (MT Newswires) -- US stocks look set to open lower in Friday's trading session ahead of the Federal Reserve's two-day policy meeting, which begins later in the day. The Dow Jones Industrial Average futures were off 0.1%, S&P 500 futures were down 0.3% and Nasdaq futures were moving 0.5% lower. US Housing starts for March came...
Sector Update: Financial Stocks Decline Pre-Bell Tuesday
Sector Update: Financial Stocks Decline Pre-Bell Tuesday
Mar 19, 2024
09:18 AM EDT, 03/19/2024 (MT Newswires) -- Financial stocks were declining pre-bell Tuesday, with the Financial Select Sector SPDR Fund ( XLF ) 0.2% lower recently. The Direxion Daily Financial Bull 3X Shares ( FAS ) was down 0.8%, and bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) 0.7% higher. FinVolution Group ( FINV ) was more...
Sector Update: Energy
Sector Update: Energy
Mar 19, 2024
09:07 AM EDT, 03/19/2024 (MT Newswires) -- Energy stocks were leaning lower premarket Tuesday as the Energy Select Sector SPDR Fund (XLE) was down 0.3% recently. The United States Oil Fund (USO) was 0.2% lower and the United States Natural Gas Fund (UNG) was up 1.0%. Front-month US West Texas Intermediate crude oil was down 0.1% at $82.07 per barrel...
Copyright 2023-2026 - www.financetom.com All Rights Reserved