financetom
Market
financetom
/
Market
/
Sector Update: Financial Stocks Steady Pre-Bell Monday
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Financial Stocks Steady Pre-Bell Monday
Dec 16, 2024 6:28 AM

09:01 AM EST, 12/16/2024 (MT Newswires) -- Financial stocks were steady pre-bell Monday with the Financial Select Sector SPDR Fund (XLF) marginally higher recently.

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

Northern Trust ( NTRS ) shares were down 0.9% pre-bell Monday after it said late Sunday it signed a three-year memorandum of understanding with the National University of Singapore to collaborate on green finance and to promote the adoption of green finance frameworks and blockchain technology.

Capital One Financial ( COF ) in a regulatory filing said Monday its credit card delinquency rate stood 4.57% in November, while its net charge-off rate was 6.08%. The company's shares were down 1.1%.

BlackRock's ( BLK ) proposed acquisition of Preqin is being looked into by the UK's Competition and Markets Authority, the regulator said Friday, as it launched the first phase of an inquiry into the potential transaction. BlackRock ( BLK ) shares were up 0.4%.

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 Stocks Flat to Higher Pre-Bell Monday
Sector Update: Health Care Stocks Flat to Higher Pre-Bell Monday
Aug 18, 2025
09:10 AM EDT, 08/18/2025 (MT Newswires) -- Health care stocks were flat to higher pre-bell Monday, with the iShares Biotechnology ETF (IBB) inactive and the Health Care Select Sector SPDR Fund (XLV) up 0.3%. Novo Nordisk ( NVO ) shares were up nearly 5% after the company said the US Food and Drug Administration approved a new indication for semaglutide...
COLUMN-Can the rich continue to prop up US consumer spending?: McGeever
COLUMN-Can the rich continue to prop up US consumer spending?: McGeever
Aug 18, 2025
(The opinions expressed here are those of the author, a columnist for Reuters.) By Jamie McGeever ORLANDO, Florida, Aug 18 (Reuters) - U.S. consumer spending's surprising resilience is the main reason the economy has not only avoided recession, but continued to grow at a solid clip. The big question now is whether American households can keep that going, especially with...
Looming White House Talks on Ukraine War Stifle US Equity Futures Pre-Bell
Looming White House Talks on Ukraine War Stifle US Equity Futures Pre-Bell
Aug 18, 2025
09:08 AM EDT, 08/18/2025 (MT Newswires) -- US equity futures were nearly flat ahead of Monday's opening bell as traders monitored developments in negotiations surrounding the Ukraine-Russian war. Dow Jones Industrial Average futures were flat, S&P 500 futures were down 0.1%, and Nasdaq futures were down 0.2%. President Donald Trump, Ukrainian President Volodymyr Zelensky and European leaders are set to...
Sector Update: Tech Stocks Flat to Lower Pre-Bell Monday
Sector Update: Tech Stocks Flat to Lower Pre-Bell Monday
Aug 18, 2025
09:02 AM EDT, 08/18/2025 (MT Newswires) -- Technology stocks were flat to lower pre-bell Monday, with the SPDR S&P Semiconductor ETF ( XSD ) inactive and the Technology Select Sector SPDR Fund (XLK) down 0.2%. Dayforce ( DAY ) is being considered for takeover by Thoma Bravo, Bloomberg News reported, citing unnamed people familiar with the matter. Shares of Dayforce...
Copyright 2023-2026 - www.financetom.com All Rights Reserved