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 >
US Equity Indexes Advance as Powell Reiterates to Lawmakers Interest-Rate Cuts Remain in Cards in 2024
US Equity Indexes Advance as Powell Reiterates to Lawmakers Interest-Rate Cuts Remain in Cards in 2024
Mar 7, 2024
12:46 PM EST, 03/07/2024 (MT Newswires) -- US equity indexes rose midday Thursday as Federal Reserve Chairman Jerome Powell appeared before lawmakers for the second day of his semi-annual testimony, and the trade deficit unexpectedly widened. The S&P 500 climbed 1% to 5,153.7, with the Nasdaq Composite up 1.4% to 16,261.2 and the Dow Jones Industrial Average trading 0.4% higher...
Sector Update: Financial
Sector Update: Financial
Mar 7, 2024
01:28 PM EST, 03/07/2024 (MT Newswires) -- Financial stocks were declining in Thursday afternoon trading, with the NYSE Financial Index marginally decreasing and the Financial Select Sector SPDR Fund (XLF) off 0.3%. The Philadelphia Housing Index was climbing 1.8% and the Real Estate Select Sector SPDR Fund (XLRE) was shedding 0.2%. Bitcoin (BTC-USD) was increasing 2.1% to $67,580 and the...
Sector Update: Energy
Sector Update: Energy
Mar 7, 2024
01:26 PM EST, 03/07/2024 (MT Newswires) -- Energy stocks rose Thursday afternoon with the NYSE Energy Sector Index climbing 1% and the Energy Select Sector SPDR Fund (XLE) adding 1.2%. The Philadelphia Oil Service Sector index jumped 2.2%, and the Dow Jones US Utilities index advanced 0.7%. West Texas Intermediate crude oil rose 0.2% to $79.27 a barrel while the...
TREASURIES-10-year yields hit one-month low then rebound before jobs data
TREASURIES-10-year yields hit one-month low then rebound before jobs data
Mar 7, 2024
(Updated at 10:30 EST) By Karen Brettell March 7 (Reuters) - Benchmark 10-year U.S. Treasury yields fell to one-month lows on Thursday after the European Central Bank (ECB) revised down its inflation projections, but rebounded to last be little changed on the day before key U.S. jobs data on Friday. Traders are also watching testimony by Federal Reserve Chair Jerome...
Copyright 2023-2026 - www.financetom.com All Rights Reserved