financetom
Market
financetom
/
Market
/
Sector Update: Financial Stocks Mixed in Afternoon Trading
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Financial Stocks Mixed in Afternoon Trading
Jul 22, 2026 11:15 AM

01:46 PM EDT, 07/22/2026 (MT Newswires) -- Financial stocks were mixed in Wednesday afternoon trading, with the NYSE Financial Index fractionally higher and the State Street Financial Select Sector SPDR ETF (XLF) down 0.1%.

The Philadelphia Housing Index rose 0.6%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) shed 0.4%.

Bitcoin (BTC-USD) was declining 0.7% to $66,049, and the yield for 10-year US Treasuries was rising 2.6 basis points to 4.654%.

In sector news, Kalshi said Wednesday that it will launch a new election portal aimed at becoming a key reference point for US election odds ahead of the November midterm elections, according to multiple media reports. The New York-based prediction market platform said the portal will combine traditional campaign polling, fundraising data, political news and trading activity from its election markets.

In corporate news, Coinbase (COIN) has settled its Freedom of Information Act lawsuit against the US Securities and Exchange Commission with the regulator agreeing to provide additional documents and pay $150,000, a court filing said Wednesday. Coinbase shares were down 3.5%.

CME (CME) shares jumped past 5% after it reported Q2 adjusted earnings Wednesday of $2.99 per diluted share, up from $2.96 a year earlier. Analysts polled by FactSet expected $2.91.

Deutsche Bank's ( DB ) Frankfurt headquarters were searched by German prosecutors on Wednesday as part of an investigation into historic transactions conducted by Postbank between 2008 and 2010, Bloomberg reported. Deutsche shares were up 0.8%.

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
Nov 21, 2024
08:52 AM EST, 11/21/2024 (MT Newswires) -- Health care stocks rose in pre-bell hours Thursday with the Health Care Select Sector SPDR Fund (XLV) 0.1% higher and the iShares Biotechnology ETF (IBB) up 0.3% recently. Zymeworks ( ZYME ) and Jazz Pharmaceuticals ( JAZZ ) said they have received accelerated approval for Ziihera from the US Food and Drug Administration...
US STOCKS-Wall St set for higher open after jobless claims data, Nvidia results
US STOCKS-Wall St set for higher open after jobless claims data, Nvidia results
Nov 21, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Snowflake jumps after raising annual product revenue forecast * Deere shares up after Q4 profit beats estimates * Crypto stocks gain as bitcoin prices near $100,000 * Weekly jobless claims stand at 213,000 * Futures: Dow up 0.45%, S&P...
Nvidia Earnings in Focus as US Equity Futures Post Narrow Gains Pre-Bell
Nvidia Earnings in Focus as US Equity Futures Post Narrow Gains Pre-Bell
Nov 21, 2024
08:50 AM EST, 11/21/2024 (MT Newswires) -- US equity futures were cautiously higher ahead of Thursday's opening bell as traders digested earnings and guidance from artificial intelligence chipmaker Nvidia ( NVDA ) . Dow Jones Industrial Average futures rose 0.4%, S&P 500 futures gained 0.4%, and Nasdaq futures were up 0.3%. Nvidia ( NVDA ) reported late Wednesday fiscal Q3...
Sector Update: Tech
Sector Update: Tech
Nov 21, 2024
08:45 AM EST, 11/21/2024 (MT Newswires) -- Technology stocks were edging higher premarket Thursday as the Technology Select Sector SPDR Fund (XLK) was up 0.7% and the SPDR S&P Semiconductor ETF (XSD) marginally advanced. Snowflake (SNOW) shares rose past 24% after the company reported fiscal Q3 earnings and sales above analyst expectations. ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved