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
Apr 10, 2025 6:18 AM

08:57 AM EDT, 04/10/2025 (MT Newswires) -- Financial stocks retreated pre-bell Thursday with the Financial Select Sector SPDR Fund (XLF) 1.7% lower recently.

The Direxion Daily Financial Bull 3X Shares (FAS) was down 4.9% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) gained 5.8%.

Virtus Investment Partners ( VRTS ) shares fell past 3% after the company reported preliminary assets under management of $167.46 billion as of March 31, down from $174.53 billion a month earlier.

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 >
US stock index futures fall after hotter-than-expected PPI data
US stock index futures fall after hotter-than-expected PPI data
Aug 14, 2025
(Reuters) - U.S. stock index futures slipped on Thursday after hotter-than-expected producer prices data contrasted with recent tame consumer prices data that had boosted bets of Federal Reserve interest rate cuts this year. Data from the Labor Department showed the Producer Price Index rose 3.3% on an annual basis in July, compared with a 2.5% gain expected by economists polled...
Exchange-Traded Funds, Equity Futures Lower Pre-Bell Thursday Ahead of Inflation Data
Exchange-Traded Funds, Equity Futures Lower Pre-Bell Thursday Ahead of Inflation Data
Aug 14, 2025
08:22 AM EDT, 08/14/2025 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was down 0.1% and the actively traded Invesco QQQ Trust (QQQ) was 0.04% lower in Thursday's premarket activity as investors brace for incoming inflation indicators. US stock futures were also lower, with S&P 500 Index futures down 0.1%, Dow Jones...
US producer prices accelerate in July as costs of services and goods surge
US producer prices accelerate in July as costs of services and goods surge
Aug 14, 2025
WASHINGTON (Reuters) -U.S. producer prices increased more than expected in July amid a surge in the costs of services and goods, suggesting a broader pickup in inflation in the months ahead. The producer price index for final demand jumped 0.9% last month after being unchanged in June, the Labor Department's Bureau of Labor Statistics said on Thursday. Economists polled by...
Sector Update: Tech
Sector Update: Tech
Aug 14, 2025
08:49 AM EDT, 08/14/2025 (MT Newswires) -- Technology stocks were declining premarket Thursday, with the Technology Select Sector SPDR Fund (XLK) down 0.5% and the SPDR S&P Semiconductor ETF (XSD) 0.2% lower. Netease ( NTES ) shares were down more than 6% after the company reported Q2 non-GAAP earnings and net revenue that missed analysts' estimates. ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved