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
Oct 3, 2024 1:46 AM

01:32 PM EDT, 09/26/2024 (MT Newswires) -- Financial stocks were advancing in Thursday afternoon trading, with the NYSE Financial Index rising 0.7% and the Financial Select Sector SPDR Fund (XLF) up 0.6%.

The Philadelphia Housing Index was adding 0.5%, while the Real Estate Select Sector SPDR Fund (XLRE) was shedding 0.8%.

Bitcoin (BTC-USD) gained 3.7% to $65,450, and the yield for 10-year US Treasuries was rising 3 basis points to 3.80%.

In economic news, US initial jobless claims fell to 218,000 in the week ended Sept. 21 from an upwardly revised 222,000 in the prior week, compared with expectations for an increase to 223,000 in a survey of analysts compiled by Bloomberg.

In corporate news, Accenture ( ACN ) on Thursday reported better-than-expected fiscal Q4 results buoyed by double-digit gains in new bookings, while the consulting firm anticipates earnings in the ongoing full year to grow annually. Its shares jumped 4.7%.

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-Futures edge lower as focus turns to Fed meeting
US STOCKS-Futures edge lower as focus turns to Fed meeting
Mar 19, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Crypto-related stocks drop as bitcoin falls * Most chip stocks under pressure, Nvidia ( NVDA ) falls * Futures down: Dow 0.18%, S&P 0.27%, Nasdaq 0.34% (Updated at 7:00 a.m. ET/1100 GMT) By Bansari Mayur Kamdar and Shashwat Chauhan...
LivePerson And 2 Other Stocks Under $2 Insiders Are Buying
LivePerson And 2 Other Stocks Under $2 Insiders Are Buying
Mar 19, 2024
The Dow Jones index closed higher by around 75 points on Monday. 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...
US Futures Trend Lower in Tuesday's Premarket as Investors Await Start of 2-Day Fed Meeting
US Futures Trend Lower in Tuesday's Premarket as Investors Await Start of 2-Day Fed Meeting
Mar 19, 2024
08:07 AM EDT, 03/19/2024 (MT Newswires) -- US stock futures were trending lower in Tuesday's premarket session ahead of the Federal Reserve's two-day policy meeting, which begins later in the day. The Dow Jones Industrial Average futures were off 0.2%, S&P 500 futures were down 0.5% and Nasdaq futures were moving 0.7% lower. Investors are also awaiting the latest data...
Futures edge lower as focus turns to Fed meeting
Futures edge lower as focus turns to Fed meeting
Mar 19, 2024
(Reuters) - Futures tracking Wall Street's main stock indexes were marginally lower on Tuesday as investors refrained from making big bets ahead of the start of the Federal Reserve's March policy meeting. All three major stock indexes finished higher in the previous session, with the Nasdaq bouncing back from two successive small weekly losses as growth stocks such as Alphabet...
Copyright 2023-2025 - www.financetom.com All Rights Reserved