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
May 26, 2025 12:15 AM

09:05 AM EDT, 05/02/2025 (MT Newswires) -- Financial stocks rose pre-bell Friday with the Financial Select Sector SPDR Fund (XLF) advancing by 1.6% recently.

The Direxion Daily Financial Bull 3X Shares (FAS) was up 4.8% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 4.4% lower.

ING Groep ( ING ) shares were up over 6.6% after the company reported Q1 earnings and revenue that topped analysts' expectations.

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 >
Equity Markets Higher After Fed Chair Powell's Comments
Equity Markets Higher After Fed Chair Powell's Comments
Jul 15, 2024
03:46 PM EDT, 07/15/2024 (MT Newswires) -- US benchmark equity indexes were higher ahead of Monday's close after Federal Reserve Chair Jerome Powell said policymakers won't wait for inflation to fall to 2% before reducing interest rates. The Dow Jones Industrial Average was up 0.7% at 40,272.7, while the Nasdaq Composite rose 0.5% to 18,484.6. The S&P 500 advanced 0.4%...
Sector Update: Energy Stocks Gain Late Afternoon
Sector Update: Energy Stocks Gain Late Afternoon
Jul 15, 2024
03:47 PM EDT, 07/15/2024 (MT Newswires) -- Energy stocks advanced late Monday afternoon with the NYSE Energy Sector Index rising 1.6% and the Energy Select Sector SPDR Fund (XLE) adding 2.1%. The Philadelphia Oil Service Sector index jumped 4.5%, while the Dow Jones US Utilities index fell 1.7%. West Texas Intermediate crude oil declined 0.3% to $81.99 a barrel, while...
Sector Update: Consumer Stocks Down in Late Afternoon Trading
Sector Update: Consumer Stocks Down in Late Afternoon Trading
Jul 15, 2024
03:50 PM EDT, 07/15/2024 (MT Newswires) -- Consumer stocks were lower in late Monday afternoon trading, with the Consumer Staples Select Sector SPDR Fund (XLP) decreasing 0.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) down 0.3%. In corporate news, Coca-Cola (KO) is expected to achieve solid results in Q2, surpassing organic sales growth and earnings per share expectations...
Sector Update: Financial Stocks Advance Late Afternoon
Sector Update: Financial Stocks Advance Late Afternoon
Jul 15, 2024
03:52 PM EDT, 07/15/2024 (MT Newswires) -- Financial stocks were higher in late Monday afternoon trading with the NYSE Financial Index rising 1% and the Financial Select Sector SPDR Fund (XLF) up 1.4%. The Philadelphia Housing Index was fractionally lower, and the Real Estate Select Sector SPDR Fund (XLRE) rose 0.3%. Bitcoin (BTC-USD) spiked 6.3% to $63,744, and the yield...
Copyright 2023-2026 - www.financetom.com All Rights Reserved