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 >
Climb Bio to Join Nasdaq Biotechnology Index
Climb Bio to Join Nasdaq Biotechnology Index
Dec 19, 2024
10:47 AM EST, 12/19/2024 (MT Newswires) -- Climb Bio ( CLYM ) said Thursday it will be added to the Nasdaq Biotech Index as part of the annual reconstitution of the stock exchange's indexes. The company's inclusion in the index will be effective before market open on Monday, the company said. Price: 1.92, Change: -0.11, Percent Change: -5.19 ...
US STOCKS-Wall St rebounds after Fed's hawkish cut triggers selloff
US STOCKS-Wall St rebounds after Fed's hawkish cut triggers selloff
Dec 19, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Micron, Lennar ( LEN ) fall after results * Banks firm as U.S. bond yields rise * Megacap and growth stocks bounce back * Indexes up: Dow 0.61%, S&P 500 0.57%, Nasdaq 0.67% (Updates to late morning trading) By...
Bund yields jump to 4-week high after Fed signals caution
Bund yields jump to 4-week high after Fed signals caution
Dec 19, 2024
Dec 19 (Reuters) - Euro zone long-dated government bond yields jumped on Thursday, after the Federal Reserve cut interest rates but signalled it would slow the pace of easing in 2025. Germany's 10-year yield, the euro area's benchmark, rose 7 basis points to 2.31%, after touching 2.322%, its highest level since Nov. 22. It rose 1 bp on Wednesday. Yields...
Top Midday Stories: Micron Shares Tumble After Guidance Miss; Amazon Workers at 7 Facilities Go on Strike
Top Midday Stories: Micron Shares Tumble After Guidance Miss; Amazon Workers at 7 Facilities Go on Strike
Dec 19, 2024
11:44 AM EST, 12/19/2024 (MT Newswires) -- All three major US stock indexes were up in late-morning trading, bouncing back from a late-afternoon plunge on Wednesday after the Federal Reserve lowered its guidance for interest rate cuts in 2025 to two from four. In company news, Micron Technology ( MU ) reported fiscal Q1 non-GAAP earnings late Wednesday of $1.79...
Copyright 2023-2026 - www.financetom.com All Rights Reserved