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 >
What's Actually Driving The Latest Gold Surge? Several Factors Are At Play
What's Actually Driving The Latest Gold Surge? Several Factors Are At Play
Mar 30, 2025
Gold prices have been on a tear lately, surpassing $3,000 per ounce in mid-March and up nearly 38% in the last year. Investors have been flocking to the precious metal as economic uncertainty grows, with global trade tensions playing a major role. The latest boost came after U.S. President Donald Trump announced new auto tariffs, sparking concerns about inflation and...
Japan's Nikkei tumbles to 6-1/2-month low as US tariff jitters weigh
Japan's Nikkei tumbles to 6-1/2-month low as US tariff jitters weigh
Mar 30, 2025
(Recasts, adds comments, and updates stock prices) TOKYO, March 31 (Reuters) - Japan's Nikkei share average tumbled on Monday to its lowest point in more than six months, following sharp losses on Wall Street in the previous session, as investors assessed the risk of imminent U.S. trade tariffs. As of 0130 GMT, the Nikkei was down 3.5% at 35,810.28. Earlier...
Wall St Week Ahead-Wobbly US stocks face test with tariffs, jobs data
Wall St Week Ahead-Wobbly US stocks face test with tariffs, jobs data
Mar 30, 2025
NEW YORK, March 28 (Reuters) - A rocky U.S. stock market will be tested in the coming week by a pivotal deadline for President Donald Trump's tariff plans and an employment report that could reveal a slowing economy. The S&P 500 posted a weekly loss, selling off on Friday after data pointed to underlying price pressures. Earlier this month, the...
Wall Street On Edge: Futures Slide Ahead of Trump's 'Liberation Day' Tariff Shock
Wall Street On Edge: Futures Slide Ahead of Trump's 'Liberation Day' Tariff Shock
Mar 30, 2025
U.S. stock futures declined Sunday night as investors braced for a potentially volatile week ahead of President Donald Trump‘s anticipated “Liberation Day” tariff announcements. What Happened: Dow Jones futures fell 200 points to 41,651.00, S&P 500 futures dropped 35 points to 5,588.00, and Nasdaq 100 futures tumbled 216 points to 19,241.00, signaling continued pressure on markets that have struggled throughout...
Copyright 2023-2026 - www.financetom.com All Rights Reserved