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 STOCKS-Futures tick higher with inflation data, earnings in view
US STOCKS-Futures tick higher with inflation data, earnings in view
Oct 10, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Futures up: Dow 0.2%, S&P 500 0.4%, Nasdaq 0.4% Oct 8 (Reuters) - U.S. stock index futures gained on Tuesday, recovering after a selloff in the previous session, as investors await fresh clues on the interest rate path from...
US STOCKS-Futures rise with inflation data, earnings in view
US STOCKS-Futures rise with inflation data, earnings in view
Oct 10, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Pepsico ( PEP ) down after annual sales growth forecast cut * U.S.-listed shares of Chinese cos fall * Futures up: Dow 0.14%, S&P 500 0.4%, Nasdaq 0.44% (Updated at 6:55 a.m. ET) By Lisa Pauline Mattackal and Pranav...
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Tuesday Ahead of Economic Data Release
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Tuesday Ahead of Economic Data Release
Oct 10, 2024
08:24 AM EDT, 10/08/2024 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was up 0.4% and the actively traded Invesco QQQ Trust (QQQ) was 0.5% higher in Tuesday's premarket activity, ahead of economic data releasing later in the day. US stock futures were also higher, with S&P 500 Index futures up 0.4%,...
US STOCKS-Wall Street set for higher open with inflation data, earnings in focus
US STOCKS-Wall Street set for higher open with inflation data, earnings in focus
Oct 10, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * PepsiCo ( PEP ) down after annual sales growth forecast cut * U.S.-listed shares of Chinese cos fall * Futures up: Dow 0.1%, S&P 500 0.3%, Nasdaq 0.4% (Updated at 8:31 a.m. ET) By Lisa Pauline Mattackal and Pranav...
Copyright 2023-2026 - www.financetom.com All Rights Reserved