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 Stocks Increase Friday Afternoon
Sector Update: Energy Stocks Increase Friday Afternoon
Oct 17, 2025
02:09 PM EDT, 10/17/2025 (MT Newswires) -- Energy stocks were higher Friday afternoon, with the NYSE Energy Sector Index up 0.3% and the Energy Select Sector SPDR Fund (XLE) adding 0.7%. The Philadelphia Oil Service Sector Index was decreasing 0.3%, and the Dow Jones US Utilities Index was shedding 0.3%. Front-month West Texas Intermediate crude oil was declining 0.3% to...
Sector Update: Health Care Stocks Mixed Friday Afternoon
Sector Update: Health Care Stocks Mixed Friday Afternoon
Oct 17, 2025
02:09 PM EDT, 10/17/2025 (MT Newswires) -- Health care stocks were mixed Friday afternoon with the NYSE Health Care Index falling 0.4% and the Health Care Select Sector SPDR Fund (XLV) gaining 0.4%. The iShares Biotechnology ETF (IBB) added 0.3%. In corporate news, Novo Nordisk ( NVO ) hired Greg Miley as senior vice president of corporate affairs, according to...
Update: Gold Falls Off a Record High as Traders Take Profits
Update: Gold Falls Off a Record High as Traders Take Profits
Oct 17, 2025
02:00 PM EDT, 10/17/2025 (MT Newswires) -- (Updates prices.) Gold fell off a record high midafternoon Friday as traders took profits following five days of record highs on buying momentum for the precious metal. Gold for December delivery was last seen down US$92.80 to $4,211.80 per ounce. Still, the price of the precious metal is up 16% over the past...
Sector Update: Consumer Stocks Advance in Afternoon Trading
Sector Update: Consumer Stocks Advance in Afternoon Trading
Oct 17, 2025
02:01 PM EDT, 10/17/2025 (MT Newswires) -- Consumer stocks rose Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) adding 1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) up 0.5%. In corporate news, AT&T ( T ) said starting Dec. 1, the monthly price of all its home internet plans will rise by $5, The Verge...
Copyright 2023-2026 - www.financetom.com All Rights Reserved