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Sector Update: Financial
Nov 19, 2024 4:47 PM

03:41 PM EST, 11/18/2024 (MT Newswires) -- Financial stocks were advancing in late Monday afternoon trading, with the NYSE Financial Index and the Financial Select Sector SPDR Fund (XLF) each rising 0.3%.

The Philadelphia Housing Index was down 0.4% and the Real Estate Select Sector SPDR Fund (XLRE) was up 0.6%.

Bitcoin (BTC-USD) gained 2.3% to $91,557, and the yield for 10-year US Treasuries was 1.4 basis points lower at 4.41%.

In economic news, the National Association of Home Builders' monthly housing market index rose to 46 in November from 43 in October, compared with expectations for no change in a Bloomberg survey.

In corporate news, Affirm (AFRM) said Monday that the company and online travel agency Priceline expanded their partnership, under which Affirm will serve as the pay-over-time provider for Priceline Partner Solutions. Affirm shares jumped 10%.

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