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: Energy
Sector Update: Energy
Apr 23, 2024
01:27 PM EDT, 04/23/2024 (MT Newswires) -- Energy stocks rose Tuesday afternoon with the NYSE Energy Sector Index gaining 0.5% and the Energy Select Sector SPDR Fund (XLE) up 0.4%. The Philadelphia Oil Service Sector index climbed 1%, and the Dow Jones US Utilities index added 0.6%. West Texas Intermediate crude oil rose 1.4% to $83.06 a barrel, while the...
Sector Update: Tech
Sector Update: Tech
Apr 23, 2024
01:28 PM EDT, 04/23/2024 (MT Newswires) -- Tech stocks were gaining Tuesday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 1.2% and the SPDR S&P Semiconductor ETF (XSD) climbing 1.9%. The Philadelphia Semiconductor index rose past 2%. In corporate news, Apple's ( AAPL ) iPhone sales in China fell 19.1% year over year during the quarter ending in...
S&P Services Index Slumping to Five-Month Low Augurs Well for US Equities as Treasury Yields Head Lower
S&P Services Index Slumping to Five-Month Low Augurs Well for US Equities as Treasury Yields Head Lower
Apr 23, 2024
12:52 PM EDT, 04/23/2024 (MT Newswires) -- US benchmark stock indexes rose as fresh figures showing multi-month lows in manufacturing and services indexes pushed government bond yields lower and quarterly earnings rolled in. The S&P 500 climbed 1% to 5,059.8, with the Nasdaq Composite up 1.4% to 15,662.6 and the Dow Jones Industrial Average 0.6% higher at 38,457.1. Communication services,...
Exchange-Traded Funds, US Equities Rise Amid Lower Treasury Yields
Exchange-Traded Funds, US Equities Rise Amid Lower Treasury Yields
Apr 23, 2024
01:07 PM EDT, 04/23/2024 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds, including IWM and IVV, were trading higher. Actively-traded Invesco QQQ Trust (QQQ) was up 1.5%. US benchmark stock indexes rose Tuesday after fresh figures showing multi-month lows in manufacturing and services indexes pushed government bond yields lower. Energy iShares US Energy ETF (IYE) edged up 0.4% and...
Copyright 2023-2026 - www.financetom.com All Rights Reserved