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
Mar 25, 2025 10:57 AM

01:32 PM EDT, 03/25/2025 (MT Newswires) -- Financial stocks advanced in Tuesday afternoon trading with the NYSE Financial Index and the Financial Select Sector SPDR Fund (XLF) both adding 0.3%.

The Philadelphia Housing Index gained 0.1%, while the Real Estate Select Sector SPDR Fund (XLRE) fell 0.8%.

Bitcoin (BTC-USD) rose 0.8% to $88,118, and the yield for 10-year US Treasuries shed 2.4 basis points to 4.307%.

In economic news, the Conference Board's measure of consumer confidence fell to 92.9 in March from 100.1 in February, below the 94.0 expected in a survey compiled by Bloomberg and the fourth straight decline.

In corporate news, Alphabet's (GOOG) Google Cloud and CME (CME) said they will launch services related to wholesale payments and tokenization of assets using the Google Cloud Universal Ledger. CME shares fell 0.8%.

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 >
Indian IT stocks slide on US visa crackdown
Indian IT stocks slide on US visa crackdown
Sep 22, 2025
By Kashish Tandon and Abinaya V (Reuters) -Indian information technology majors saw their shares slump on Monday after U.S. President Donald Trump imposed a $100,000 fee on new H-1B visa applications, threatening to inflate costs and slow revenue growth in their biggest market. The sector, which earns about 57% of its revenue from the U.S., has long gained from U.S....
EMERGING MARKETS-EM stocks kick off the week higher, Indian stocks strained by US visa row
EMERGING MARKETS-EM stocks kick off the week higher, Indian stocks strained by US visa row
Sep 22, 2025
* EM stocks up 0.24% on day, FX flat * Indian IT stocks fall on US visa concerns * Rate decision in Hungary, Czech Republic later this week * Indonesian rupiah hits five-month low By Nikhil Sharma (Reuters) - Emerging market stocks edged higher on Monday and currencies flattened ahead of the week's crucial central bank meetings, while Indian IT...
Dow Hits Record High As Fed Cuts Rates: Investor Sentiment Improves, Fear Index Remains In 'Greed' Zone
Dow Hits Record High As Fed Cuts Rates: Investor Sentiment Improves, Fear Index Remains In 'Greed' Zone
Sep 22, 2025
The CNN Money Fear and Greed index showed an improvement in the overall market sentiment, while the index remained in the “Greed” zone on Friday. U.S. stocks settled higher on Friday, with the Dow Jones index gaining more than 150 points during the session, also hitting a fresh record high. The Federal Reserve, last week, cut rates by 25 basis...
Globus Maritime, Firefly Aerospace And 3 Stocks To Watch Heading Into Monday
Globus Maritime, Firefly Aerospace And 3 Stocks To Watch Heading Into Monday
Sep 22, 2025
With U.S. stock futures trading lower this morning on Monday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Firefly Aerospace Inc. ( FLY ) to report a quarterly loss of 46 cents per share on revenue of $17.25 million before the opening bell, according to data from Benzinga Pro. Firefly Aerospace (...
Copyright 2023-2026 - www.financetom.com All Rights Reserved