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
Nov 26, 2024 6:34 AM

08:56 AM EST, 11/26/2024 (MT Newswires) -- Financial stocks were leaning lower pre-bell Tuesday, with The Financial Select Sector SPDR Fund (XLF) down 0.1%.

The Direxion Daily Financial Bull 3X Shares (FAS) was up marginally and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.2% higher.

Wells Fargo ( WFC ) is in the final stages of passing regulatory hurdles in order to lift a $1.95 trillion asset cap next year, Reuters reported, citing three sources familiar with the situation. Wells Fargo ( WFC ) shares were up over 1% premarket.

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: Tech
Sector Update: Tech
Sep 24, 2024
08:43 AM EDT, 09/24/2024 (MT Newswires) -- Technology stocks were edging higher premarket Tuesday as the Technology Select Sector SPDR Fund (XLK) and iShares Expanded Tech Sector ETF (IGM) were recently up 0.2%. DigiAsia's ( FAAS ) fintech-as-a-service unit DigiAsia Bios has agreed to be acquired by PayMate India for an enterprise valuation of $400 Million, PayMate said. DigiAsia (...
Denison, Foremost Both Up in US Pre-Market on $30 Million Option Agreement
Denison, Foremost Both Up in US Pre-Market on $30 Million Option Agreement
Sep 24, 2024
07:46 AM EDT, 09/24/2024 (MT Newswires) -- Denison Mines ( DNN ) said Tuesday that it signed an option agreement with a Nasdaq-listed company to be renamed Foremost Clean Energy (FAT.CN), granting Foremost an option to acquire up to 70% of Denison's interest in 10 uranium exploration properties. Following the news, Denison's share price was up 1.7% to US$1.80 in...
TREASURIES-US yields on long end creep higher after China, housing data
TREASURIES-US yields on long end creep higher after China, housing data
Sep 24, 2024
NEW YORK, Sept 24 (Reuters) - U.S. Treasury long-dated yields edged higher in choppy trading on Tuesday as risk appetite improved after China introduced broad stimulus measures to support its faltering economy, while solid housing data boosted expectations the Federal Reserve may not have to cut rates aggressively in this latest easing cycle. U.S. yields on seven-year notes and 30-year...
Investor Sentiment Muted Ahead of Friday's Inflation Report as US Equity Futures Waver Pre-Bell
Investor Sentiment Muted Ahead of Friday's Inflation Report as US Equity Futures Waver Pre-Bell
Sep 24, 2024
08:52 AM EDT, 09/24/2024 (MT Newswires) -- US equity futures were flat premarket Tuesday as traders stayed on the sidelines ahead of inflation data due later in the week. Dow Jones Industrial Average futures gained 0.1%, S&P 500 futures flatlined, and Nasdaq futures were up 0.1%. Investors are looking ahead to Friday's personal consumption expenditure price index for a fresh...
Copyright 2023-2026 - www.financetom.com All Rights Reserved