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 >
Top Midday Stories: Tech Stocks Rise After Trump Announces AI Initiative; Netflix Subscriber Growth Tops Expectations
Top Midday Stories: Tech Stocks Rise After Trump Announces AI Initiative; Netflix Subscriber Growth Tops Expectations
Jan 22, 2025
12:11 PM EST, 01/22/2025 (MT Newswires) -- All three major US stock indexes were higher around midday Wednesday, with the S&P 500 touching a record high and the tech-heavy Nasdaq up more than 1% after President Trump's administration committed to making the US a leader in artificial intelligence. Trump announced the $500 billion Stargate initiative to build up US AI...
Stock Of The Day: Fair Isaac Chart Illustrates Trading Psychology
Stock Of The Day: Fair Isaac Chart Illustrates Trading Psychology
Jan 22, 2025
Shares of Fair Isaac Corporation is trading a little lower Wednesday. This follows yesterday's announcement that the company will report its first quarter fiscal 2025 results on Feb. 4 after the market closes. Certain charts can offer valuable lessons to traders. The chart of Fair Isaac ( FICO ) is one of them. This is why our trading team has made...
TSX up 65 Points at Midday With Technology The Biggest Gainer
TSX up 65 Points at Midday With Technology The Biggest Gainer
Jan 22, 2025
12:18 PM EST, 01/22/2025 (MT Newswires) -- The Toronto Stock Exchange is up 65 points at midday with technology stocks (+1.2%) posting the biggest gains. Energy, up 1%, and industrials, up 0.9%, are the other notable gainers. Utilities (-1%), is the biggest decliner. Oil prices fell for a fifth day on Wednesday on concerns global growth will slow if Donald...
US STOCKS-Nasdaq leads Wall St higher helped by Netflix results, Trump's AI investment plans
US STOCKS-Nasdaq leads Wall St higher helped by Netflix results, Trump's AI investment plans
Jan 22, 2025
(For a Reuters live blog on U.S., UK and European stock markets, click/ or type LIVE/ in a news window.) * Oracle up after Trump unveils $500 bln AI plan * Procter & Gamble ( PG ) gains after upbeat Q2 results * S&P 500 less than 1% away from all-time high * Indexes up: Dow 0.17%, S&P 500 0.48%,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved