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 >
US Equity Indexes Touch All-Time Highs as Soft Inflation Print Lifts Bets for Fed Rate Cuts
US Equity Indexes Touch All-Time Highs as Soft Inflation Print Lifts Bets for Fed Rate Cuts
Oct 24, 2025
12:10 PM EDT, 10/24/2025 (MT Newswires) -- US equity indexes broke records as consumer price inflation cooled, boosting market expectations of two interest-rate cuts this year. The Nasdaq Composite climbed 1% to 23,179.5, after hitting a record 23,224.671 level earlier in the session. The S&P 500 advanced 0.8% to 6,793.7, also scaling a new peak of 6,801.21 intraday. The Dow...
EMERGING MARKETS-Argentina stocks rally ahead of key vote as US ties hang in balance
EMERGING MARKETS-Argentina stocks rally ahead of key vote as US ties hang in balance
Oct 24, 2025
* Argentine equities set for 4% weekly gain * Peso stabilizes after record low earlier this week * Brazilian stocks set for longest winning streak in over a month By Niket Nishant Oct 24 (Reuters) - Argentina's stocks rose 0.8% on Friday and were on track to end the week with a 4% gain ahead of a crucial midterm vote...
Top Midday Stories: Stocks Rise After Lower-Than-Expected CPI; Intel Q3 EPS, Revenue Top Expectations
Top Midday Stories: Stocks Rise After Lower-Than-Expected CPI; Intel Q3 EPS, Revenue Top Expectations
Oct 24, 2025
11:54 AM EDT, 10/24/2025 (MT Newswires) -- All three major US stock indexes were up in late-morning trading Friday after the latest consumer price index showed inflation came in below expectations. The US seasonally adjusted CPI rose by 0.3% in September, below expectations for a 0.4% gain in a survey compiled by Bloomberg and following a 0.4% increase in August,...
TREASURIES -US yields mixed after inflation, consumer sentiment data
TREASURIES -US yields mixed after inflation, consumer sentiment data
Oct 24, 2025
* US September CPI rises less than expected * US October consumer sentiment index falls from September level * US 2/10 yield curve steepens (Adds comment, bullets, details, byline) By Gertrude Chavez-Dreyfuss NEW YORK, Oct 24 (Reuters) - U.S. Treasury yields were narrowly mixed on Friday, with those on the shorter end of the curve slightly lower, after data showed...
Copyright 2023-2026 - www.financetom.com All Rights Reserved