financetom
Market
financetom
/
Market
/
Sector Update: Financial Stocks Lean Lower Premarket Tuesday
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Financial Stocks Lean Lower Premarket Tuesday
Aug 29, 2024 8:59 AM

09:19 AM EDT, 08/27/2024 (MT Newswires) -- Financial stocks were leaning lower premarket Tuesday with the Financial Select Sector SPDR Fund ( XLF ) down 0.2% recently.

The Direxion Daily Financial Bull 3X Shares ( FAS ) was 0.7% lower and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was up 0.6%.

Bank of Montreal ( BERZ ) shares declined by nearly 3% after it reported fiscal Q3 adjusted earnings of 2.64 Canadian dollars ($1.96) per diluted share, down from CA$2.94 a year earlier.

Altisource Asset Management ( AAMC ) shares tumbled by over 46% after saying it plans to voluntarily delist from the New York Stock Exchange American and deregister its common stock under the Securities Exchange Act.

Bank of Nova Scotia ( BNS ) shares fell by over 1% after it reported fiscal Q3 adjusted earnings of 1.63 Canadian dollars ($1.21) per diluted share, down from CA$1.72 a year 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 >
Sector Update: Health Care
Sector Update: Health Care
Mar 12, 2024
08:58 AM EDT, 03/12/2024 (MT Newswires) -- Health care stocks were gaining premarket Tuesday, with the Health Care Select Sector SPDR Fund (XLV) up 0.3% and the iShares Biotechnology ETF (IBB) advancing 0.6%. Assure Holdings ( IONM ) was rallying past 67% after saying it signed an agreement to sell certain assets of its IONM business, including most of its...
Consumer Prices Tick Higher in February as US Equity Futures Turn Mixed Pre-Bell
Consumer Prices Tick Higher in February as US Equity Futures Turn Mixed Pre-Bell
Mar 12, 2024
08:58 AM EDT, 03/12/2024 (MT Newswires) -- US equities were poised for a mixed open Tuesday as traders digested the crucial monthly consumer inflation report. Dow Jones Industrial Average futures slipped 0.01%, S&P 500 futures gained 0.2%, and Nasdaq futures were up 0.5%. Oil prices were higher, with front-month global benchmark North Sea Brent crude up 0.2% at $82.36 per...
Upcoming Inflation Report Drives Mixed Premarket Action for US Equity Futures
Upcoming Inflation Report Drives Mixed Premarket Action for US Equity Futures
Mar 12, 2024
08:19 AM EDT, 03/12/2024 (MT Newswires) -- US equity futures were mixed Tuesday ahead of the release of the crucial monthly consumer inflation report. Dow Jones Industrial Average futures slipped 0.05%, S&P 500 futures gained 0.2%, and Nasdaq futures were up 0.4%. Oil prices were higher, with front-month global benchmark North Sea Brent crude up 0.1% at $82.32 per barrel...
Roku, Boyd Gaming And 2 Other Stocks Insiders Are Selling
Roku, Boyd Gaming And 2 Other Stocks Insiders Are Selling
Mar 12, 2024
The Nasdaq 100 closed lower by around 0.4% on Monday. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company's prospects or that they view the stock as being overpriced. Insider sales should not be taken as the only indicator for making an investment...
Copyright 2023-2026 - www.financetom.com All Rights Reserved