financetom
Market
financetom
/
Market
/
Sector Update: Financial Stocks Ease Thursday Afternoon
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Financial Stocks Ease Thursday Afternoon
Jun 18, 2026 11:17 AM

01:55 PM EDT, 06/18/2026 (MT Newswires) -- Financial stocks fell in Thursday afternoon trading with the NYSE Financial Index easing 0.1%, erasing earlier gains, and the State Street Financial Select Sector SPDR ETF (XLF) shedding 0.6%.

The Philadelphia Housing Index jumped 3.7%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) added 0.2%.

Bitcoin (BTC-USD) fell 5% to $62,532, and the yield for 10-year US Treasuries dropped 2.2 basis points to 4.44%.

In economic news, US initial jobless claims last week fell to 226,000 from an upwardly revised 230,000 in the previous week, compared with expectations for 225,000 in a survey of analysts compiled by Bloomberg.

In corporate news, Apollo Global Management ( APO ) made some concessions regarding its debt refinancing for photo-services company Shutterfly in a bid to entice some unwilling investors, Bloomberg reported. Apollo shares fell 0.7%.

First Carolina Financial Services (FCBM) shares rose 2.8% in their New York Stock Exchange debut. The holding company for First Carolina Bank priced its IPO of 5.5 million shares at $12.50 each.

Accenture ( ACN ) shares fell 18% after the company trimmed the top end of its full-year revenue outlook and posted weaker-than-expected fiscal Q3 sales, while announcing three cybersecurity acquisitions totaling about $4.18 billion.

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 >
Upcoming Jobs Report, Nvidia Earnings Drive Muted Premarket Action for US Equity Futures
Upcoming Jobs Report, Nvidia Earnings Drive Muted Premarket Action for US Equity Futures
Nov 17, 2025
08:21 AM EST, 11/17/2025 (MT Newswires) -- US equity futures were little changed pre-bell Monday as traders looked ahead to the long-awaited release of September's jobs report and Nvidia ( NVDA ) earnings later in the week. Dow Jones Industrial Average futures were flat, S&P 500 futures were up 0.1%, and Nasdaq futures were 0.2% higher. Oil prices were higher,...
Eco-Growth Strategies, Inc. Engages Maxim Group LLC to assist with its Growth Strategy and Up-List to Nasdaq
Eco-Growth Strategies, Inc. Engages Maxim Group LLC to assist with its Growth Strategy and Up-List to Nasdaq
Nov 17, 2025
HONOLULU, Nov. 17, 2025 /PRNewswire/ -- Eco-Growth Strategies, Inc. ( ECGS ) , a premier bottler of Hawaiian sourced purified and spring water, is excited to announce that it is pursuing a strategy to become listed on the Nasdaq Stock Market, a move the Company hopes will enhance visibility and accelerate its growth trajectory. The timing of any Nasdaq up-list process will be dependent...
Top 2 Health Care Stocks That May Fall Off A Cliff This Month
Top 2 Health Care Stocks That May Fall Off A Cliff This Month
Nov 17, 2025
As of Nov. 17, 2025, two stocks in the health care sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to...
Exchange-Traded Funds, Equity Futures Mixed Pre-Bell Monday as Markets Await Nvidia Earnings, Data Releases
Exchange-Traded Funds, Equity Futures Mixed Pre-Bell Monday as Markets Await Nvidia Earnings, Data Releases
Nov 17, 2025
08:28 AM EST, 11/17/2025 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was down marginally by 0.04% and the actively traded Invesco QQQ Trust (QQQ) was 0.01% higher in Monday's premarket activity as markets traded mixed amid anticipation of Nvidia's (NVDA) earnings and the release of delayed government economic data. US stock...
Copyright 2023-2026 - www.financetom.com All Rights Reserved