financetom
Market
financetom
/
Market
/
Sector Update: Financial
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Financial
Apr 2, 2025 12:47 PM

03:29 PM EDT, 04/02/2025 (MT Newswires) -- Financial stocks advanced in late Wednesday afternoon trading with the NYSE Financial Index and the Financial Select Sector SPDR Fund (XLF) each adding 0.4%.

The Philadelphia Housing Index climbed 0.9%, and the Real Estate Select Sector SPDR Fund (XLRE) was up 0.1%.

Bitcoin (BTC-USD) increased 1.6% to $86,345, and the yield for 10-year US Treasuries rose 4 basis points to 4.20%.

In economic news, President Donald Trump will unveil import tariffs on US global trading partners at 4 pm ET at the White House.

ADP's monthly measure of private payrolls showed a 155,000 increase in March, above expectations for a 120,000 increase in a Bloomberg survey.

In corporate news, Visa (V) has offered $100 million to Apple (AAPL) in a move to take over network operations on the Apple Card from Mastercard ( MA ) , The Wall Street Journal reported. Visa shares were down 0.7% and Mastercard ( MA ) was shedding 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 >
US STOCKS-Nasdaq, S&P 500 futures tread higher in lead up to Fed meeting, AI conference
US STOCKS-Nasdaq, S&P 500 futures tread higher in lead up to Fed meeting, AI conference
Mar 18, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Tesla rises after co to hike Model Y prices in Europe * Alphabet up on report of talks to build Gemini AI into iPhone * Nasdaq says issues impacting connectivity resolved * Futures: S&P up 0.38%, Nasdaq up 0.76%,...
Traeger And 3 Other Stocks Under $5 Insiders Are Buying
Traeger And 3 Other Stocks Under $5 Insiders Are Buying
Mar 18, 2024
The Dow Jones index closed lower by around 190 points on Friday. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision. Below is a look at a few recent notable insider transactions for penny...
Cleveland-Cliffs, Sprouts Farmers Market And 2 Other Stocks Insiders Are Selling
Cleveland-Cliffs, Sprouts Farmers Market And 2 Other Stocks Insiders Are Selling
Mar 18, 2024
The Nasdaq 100 closed lower by over 200 points 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...
US Futures Trend Higher in Monday's Premarket Ahead of March Housing Data
US Futures Trend Higher in Monday's Premarket Ahead of March Housing Data
Mar 18, 2024
08:15 AM EDT, 03/18/2024 (MT Newswires) -- US stock futures are trending higher in Monday's premarket session ahead of the latest reading of the National Association of Home Builders' Housing Market Index, which rates the relative level of current and future single-family home sales. The NAHB Housing Market Index is expected to remain unchanged at 48 for March after rising...
Copyright 2023-2025 - www.financetom.com All Rights Reserved