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
Oct 3, 2024 1:00 AM

09:13 AM EDT, 09/24/2024 (MT Newswires) -- Financial stocks were leaning lower premarket Tuesday with the Financial Select Sector SPDR Fund ( XLF ) 0.1% lower recently.

The Direxion Daily Financial Bull 3X Shares ( FAS ) was down 0.3% and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 0.2% higher.

Brookfield Asset Management ( BAM ) and Brookfield Renewable (BEP) have agreed to sell their 25% stake in First Hydro to CDPQ, the Canadian investment group said. Brookfield Asset Management ( BAM ) shares were 3% higher pre-bell.

Generations Bancorp (GBNY) said it has notified Nasdaq about its decision to voluntarily delist its common shares and withdraw the registration of common stock with the US Securities and Exchange Commission. Generations Bancorp shares were over 36% higher premarket.

BlackRock ( BLK ) has received approval from Italy for holding a more than 3% stake in Leonardo, Reuters reported, citing a government document sent by Italian Prime Minister Giorgia Meloni to Parliament. BlackRock ( BLK ) shares were down more than 1% pre-bell.

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 >
GameStop, CME Group And 2 Other Stocks Insiders Are Selling
GameStop, CME Group And 2 Other Stocks Insiders Are Selling
Jun 17, 2024
The Nasdaq 100 closed higher by around 0.4% on Friday. 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...
Sector Update: Tech
Sector Update: Tech
Jun 17, 2024
08:50 AM EDT, 06/17/2024 (MT Newswires) -- Technology stocks were leaning higher premarket Monday with the Technology Select Sector SPDR Fund (XLK) flat and the SPDR S&P Semiconductor ETF (XSD) 1.4% higher recently. Activist investor Starboard Value has been meeting with Autodesk ( ADSK ) executives in recent weeks to discuss concerns over its operations and corporate governance, The Wall...
Sector Update: Health Care
Sector Update: Health Care
Jun 17, 2024
08:55 AM EDT, 06/17/2024 (MT Newswires) -- Health care stocks were declining premarket Monday with the Health Care Select Sector SPDR Fund (XLV) retreating 0.3% and the iShares Biotechnology ETF (IBB) down 0.5%. Nurix Therapeutics ( NRIX ) shares were up more than 5% after the company said an ongoing phase 1a/b clinical trial of its drug NX-5948 is yielding...
How To Earn $500 A Month From Steelcase Stock Ahead Of Q1 Earnings Report
How To Earn $500 A Month From Steelcase Stock Ahead Of Q1 Earnings Report
Jun 17, 2024
Steelcase Inc ( SCS ). is set to release earnings results for its first quarter, after the closing bell on Wednesday. Analysts expect the Grand Rapids, Michigan-based company to report quarterly earnings at 10 cents per share, up from 9 cents per share in the year-ago period. The company is projected to post revenue of $729.13 million for the quarter,...
Copyright 2023-2025 - www.financetom.com All Rights Reserved