financetom
Market
financetom
/
Market
/
Sector Update: Financial Stocks Fall Premarket Wednesday
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Financial Stocks Fall Premarket Wednesday
Sep 11, 2024 10:50 AM

09:16 AM EDT, 09/11/2024 (MT Newswires) -- Financial stocks fell in Wednesday's premarket hours with the Financial Select Sector SPDR Fund ( XLF ) 0.3% lower recently.

The Direxion Daily Financial Bull 3X Shares ( FAS ) was down 1% and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 1% higher.

Berkshire Hathaway (BRK.A) generated $229 million from selling Bank of America ( BAC ) shares this month, a regulatory filing showed. Bank of America ( BAC ) shares were down 0.7% premarket.

Citigroup ( C ) said it appointed Robert Walsh as interim chief accounting officer, effective immediately, while a search for a permanent appointee is underway. Citigroup ( C ) shares were 0.5% lower pre-bell.

Goldman Sachs Group ( GS ) has appointed Raghav Maliah, Yoshihiko Yano, and Ed Wittig as co-heads of mergers and acquisitions in the Asia Pacific region, Reuters reported, citing an internal memo. Goldman Sachs Group ( GS ) were down 0.5% 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 >
Nvidia Shares Attempt Rebound as US Equity Futures Turn Mixed Pre-Bell
Nvidia Shares Attempt Rebound as US Equity Futures Turn Mixed Pre-Bell
Jun 25, 2024
07:55 AM EDT, 06/25/2024 (MT Newswires) -- US equity futures were mixed Tuesday with futures of the technology-heavy Nasdaq Composite higher as shares of sector-heavyweight Nvidia Corporation ( NVDA ) pointed to a rebound. Dow Jones Industrial Average futures fell 0.1%, S&P 500 futures gained 0.2%, and Nasdaq futures were 0.5% higher. Nvidia ( NVDA ) shares were more than...
Exchange-Traded Funds Edge Higher, Equity Futures Mixed Pre-Bell Tuesday Ahead of Upcoming Economic Reports
Exchange-Traded Funds Edge Higher, Equity Futures Mixed Pre-Bell Tuesday Ahead of Upcoming Economic Reports
Jun 25, 2024
08:27 AM EDT, 06/25/2024 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was up 0.2% and the actively traded Invesco QQQ Trust (QQQ) was 0.4% higher in Tuesday's premarket activity, ahead of upcoming economic reports due later in the day. US stock futures were mixed, with S&P 500 Index futures up 0.2%,...
Nasdaq futures rise as Nvidia stabilizes after AI stocks rout
Nasdaq futures rise as Nvidia stabilizes after AI stocks rout
Jun 25, 2024
(Reuters) - Nasdaq futures climbed on Tuesday as Nvidia and other AI-linked stocks firmed after a bruising selloff, while investors awaited further cues on the monetary policy path based on remarks by U.S. Federal Reserve officials this week. AI chip firm Nvidia advanced 2.1% premarket. Chip stocks Micron Technology, Broadcom and Qualcomm also recovered some lost ground, and were up...
US STOCKS-Nasdaq futures recover as Nvidia stabilizes after selloff
US STOCKS-Nasdaq futures recover as Nvidia stabilizes after selloff
Jun 25, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Fed's Bowman says rates should remain steady for some time * Nvidia ( NVDA ), other chip stocks recover * Spirit AeroSystems ( SPR ) falls after report of Boeing ( BA ) deal * Futures: Dow down 0.08%,...
Copyright 2023-2025 - www.financetom.com All Rights Reserved