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 >
Bitcoin Reclaims $85K Following Fed and Stocks Rose, but One Analyst Suggests Caution
Bitcoin Reclaims $85K Following Fed and Stocks Rose, but One Analyst Suggests Caution
Mar 19, 2025
Crypto ( CRCW ) markets are experiencing a modest move to the upside following today’s Federal Open Market Committee (FOMC) meeting, in which the U.S. central bank left interest rates steady at 4.25%-4.50% Bitcoin (BTC) has risen 4.5% in the last 24 hours and is now trading for $85,500, its highest point since March 9. The CoinDesk 20 — an...
Bitcoin Whale Strategy Along With Nike, Shopify, Boeing, Tesla: Why These 5 Stocks Are On Investors' Radars Today
Bitcoin Whale Strategy Along With Nike, Shopify, Boeing, Tesla: Why These 5 Stocks Are On Investors' Radars Today
Mar 19, 2025
U.S. stocks closed higher as the S&P 500 and Nasdaq responded to the Federal Reserve’s decision to keep interest rates at 4.25%-4.50%. The move comes amid downward revisions to 2025 growth projections and rising inflation expectations. The Fed’s statement pointed to increased economic uncertainty and future risks. The S&P 500 gained nearly 1.1% to 5,675.29, while the Nasdaq climbed 1.4%...
S&P 500 Surges Over 1% Following Fed Decision: Investor Fear Eases, Greed Index Remains In 'Extreme Fear' Zone
S&P 500 Surges Over 1% Following Fed Decision: Investor Fear Eases, Greed Index Remains In 'Extreme Fear' Zone
Mar 19, 2025
The CNN Money Fear and Greed index showed some improvement in the overall market sentiment, while the index remained in the “Extreme Fear” zone on Wednesday. U.S. stocks settled higher on Wednesday, with the S&P 500 surging more than 1% during the session. The Federal Reserve maintained the federal funds rate unchanged at a range of 4.25% to 4.5%, with...
Accenture, FedEx And 3 Stocks To Watch Heading Into Thursday
Accenture, FedEx And 3 Stocks To Watch Heading Into Thursday
Mar 19, 2025
With U.S. stock futures trading higher this morning on Thursday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Accenture plc ( ACN ) to report quarterly earnings at $2.82 per share on revenue of $16.62 billion before the opening bell, according to data from Benzinga Pro. Accenture ( ACN ) shares gained...
Copyright 2023-2026 - www.financetom.com All Rights Reserved