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
Dec 27, 2024 10:59 AM

01:27 PM EST, 12/27/2024 (MT Newswires) -- Financial stocks declined in Friday afternoon trading with the NYSE Financial Index and the Financial Select Sector SPDR Fund (XLF) both falling 1%.

The Philadelphia Housing Index dropped 1.3%, and the Real Estate Select Sector SPDR Fund (XLRE) shed 0.8%.

Bitcoin (BTC-USD) declined 1.3% to $94,537, and the yield for 10-year US Treasuries rose 3.2 basis points to 4.611%.

In economic news, data released by the US Census Bureau showed the US advance international trade in goods deficit widened to $102.86 billion in November from $98.26 billion in October, a bigger gap than the $101.2 billion deficit expected in a survey compiled by Bloomberg.

In corporate news, Brookfield Asset Management ( BAM ) and co-investors bought a 53% stake in French renewables developer Neoen for 39.85 euros ($41.53) a share, Bloomberg reported. Brookfield shares fell 1.8%.

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 >
Stocks To Watch On Tuesday: Boeing, FedEx And More
Stocks To Watch On Tuesday: Boeing, FedEx And More
Jun 25, 2024
With U.S. stock futures trading higher this morning on Tuesday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Carnival Corporation ( CCL ) to report a quarterly loss at $0.2 per share on revenue of $5.68 billion after the closing bell, according to data from Benzinga Pro. Carnival shares gained 0.4% to...
Equity Markets Close Mixed as Investors Await Key Earnings
Equity Markets Close Mixed as Investors Await Key Earnings
Jun 24, 2024
04:52 PM EDT, 06/24/2024 (MT Newswires) -- US benchmark equity indexes closed mixed Monday as traders awaited several key corporate earnings scheduled to be released later in the week. The Nasdaq Composite fell 1.1% to 17,496.8, while the S&P 500 lost 0.3% to 5,447.9. The Dow Jones Industrial Average rose 0.7% to 39,411.2. Technology saw the steepest decline among sectors,...
Japan's Nikkei shakes off chip slump as value shares rally
Japan's Nikkei shakes off chip slump as value shares rally
Jun 24, 2024
TOKYO, June 25 (Reuters) - Japan's Nikkei share average edged higher during the morning session on Tuesday, as investors shifted focus to value stocks over semiconductor and other high-tech shares, while a yen on the back foot continued to support export-related stocks. The Nikkei was up 0.51% at 39,001.39 by the midday break, while the broader Topix climbed 1.44% to...
Sector Update: Energy
Sector Update: Energy
Jun 25, 2024
03:11 PM EDT, 06/24/2024 (MT Newswires) -- Energy stocks were rising late Monday afternoon, with the NYSE Energy Sector Index climbing 2.4% and the Energy Select Sector SPDR Fund (XLE) gaining 2.5%. The Philadelphia Oil Service Sector index spiked 3.1%, and the Dow Jones US Utilities index added 1.3%. Front-month West Texas Intermediate crude oil rose 1.1% to $81.65 a...
Copyright 2023-2026 - www.financetom.com All Rights Reserved