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: Health Care
Sector Update: Health Care
Oct 24, 2025
08:58 AM EDT, 10/24/2025 (MT Newswires) -- Health care stocks were edging higher premarket Friday, with the Health Care Select Sector SPDR Fund (XLV) advancing by 0.3% and the iShares Biotechnology ETF (IBB) nearly 1% higher. Sanofi ( SNY ) shares were up more than 4% after the company reported higher Q3 earnings and net sales. ...
Sector Update: Financial
Sector Update: Financial
Oct 24, 2025
09:02 AM EDT, 10/24/2025 (MT Newswires) -- Financial stocks were advancing pre-bell Friday, with the Financial Select Sector SPDR Fund (XLF) 0.4% higher. The Direxion Daily Financial Bull 3X Shares (FAS) was up 1% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 1.1% lower. NatWest Group ( NWG ) shares were up more than 3% after...
US consumer prices increase less than expected in September
US consumer prices increase less than expected in September
Oct 24, 2025
NEW YORK (Reuters) -U.S. consumer prices rose slightly less than expected in September, preserving market expectations the Federal Reserve will cut interest rates at its policy meeting next week.  The Consumer Price Index (CPI) rose 0.3% last month after climbing 0.4% in August, the Labor Department's Bureau of Labor Statistics said on Friday. In the 12 months through September, the CPI...
Euro zone government bond yields ease slightly after US data
Euro zone government bond yields ease slightly after US data
Oct 24, 2025
Oct 24 (Reuters) - Euro zone government bond yields briefly ticked down after economic data showed U.S. consumer prices increased slightly less than expected in September. The U.S. economic figures kept the Federal Reserve on track to cut interest rates again next week and affected marginally bets on the European Central Bank rate outlook. Euro area government bond yields rose...
Copyright 2023-2026 - www.financetom.com All Rights Reserved