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
Jul 23, 2024 10:50 AM

01:26 PM EDT, 07/23/2024 (MT Newswires) -- Financial stocks advanced in Tuesday afternoon trading with the NYSE Financial Index rising 0.2% and the Financial Select Sector SPDR Fund (XLF) ahead 0.4%.

The Philadelphia Housing Index added 0.4%, and the Real Estate Select Sector SPDR Fund (XLRE) eased 0.1%.

Bitcoin (BTC-USD) declined 2.4% to $65,961, and the yield for 10-year US Treasuries was dropped 3 basis points to 4.23%.

In economic news, the Richmond Federal Reserve's monthly manufacturing index fell to minus 17 in July from minus 10 in June, compared with expectations for an improvement to minus 6 in a Bloomberg survey.

In corporate news, JPMorgan Chase ( JPM ) , Mastercard ( MA ) and Accenture ( ACN ) are among eight companies ordered by the Federal Trade Commission to provide information about the potential impact of surveillance pricing products and services on consumer privacy and protections as well as competition. JPMorgan ( JPM ) shares rose 0.1%, Mastercard ( MA ) fell 1.3% and Accenture ( ACN ) shed 0.9%.

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 >
Investors Look to End Week on Strong Note as US Futures Rise in Friday's Premarket
Investors Look to End Week on Strong Note as US Futures Rise in Friday's Premarket
Dec 13, 2024
08:05 AM EST, 12/13/2024 (MT Newswires) -- US stock futures were rising in Friday's premarket session as investors looked to end the week on a positive note. Dow Jones Industrial Average futures were up 0.14%, S&P 500 futures gained 0.35%, and Nasdaq futures were rising 0.78%. Oil prices were moving higher, with front-month global benchmarks Brent crude and West Texas...
Sector Update: Health Care
Sector Update: Health Care
Dec 13, 2024
08:53 AM EST, 12/13/2024 (MT Newswires) -- Health care stocks were steady premarket Friday, with The Health Care Select Sector SPDR Fund (XLV) and iShares Biotechnology ETF (IBB) inactive. BeiGene ( BGNE ) shares were up over 2% after the company said overnight it signed a global licensing deal with CSPC Zhongqi Pharmaceutical Technology for its experimental cancer therapy, SYH2039....
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Friday as Investors Eye Third Rate Cut
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Friday as Investors Eye Third Rate Cut
Dec 13, 2024
08:42 AM EST, 12/13/2024 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was up 0.5% and the actively traded Invesco QQQ Trust (QQQ) advanced 0.9% in Friday's premarket activity as investors eyed a third interest rate cut by the US Federal Reserve before the year ends. US stock futures were also higher,...
Sector Update: Tech
Sector Update: Tech
Dec 13, 2024
08:44 AM EST, 12/13/2024 (MT Newswires) -- Technology stocks were advancing premarket Friday as the Technology Select Sector SPDR Fund (XLK) was 1% higher and the SPDR S&P Semiconductor ETF (XSD) was up 2.9% recently. Broadcom ( AVGO ) shares rose past 17% after the company reported higher fiscal Q4 non-GAAP net income and revenue. The company also raised its...
Copyright 2023-2025 - www.financetom.com All Rights Reserved