Sector Update: Financial Stocks Mixed Thursday Afternoon

MT Newswires Live
2024-10-25

Financial stocks were mixed in Thursday afternoon trading, with the NYSE Financial Index fractionally higher and the Financial Select Sector SPDR Fund (XLF) slightly lower.

The Philadelphia Housing Index was climbing 1.3%, and the Real Estate Select Sector SPDR Fund (XLRE) added 0.5%.

Bitcoin (BTC-USD) was increasing 1.3% to $67,533, while the yield for 10-year US Treasuries was dropping 4 basis points to 4.20%.

In economic news, US initial jobless claims fell to 227,000 in the week ended Oct. 19 from an upwardly revised 242,000 level in the previous week, below expectations for 242,000 in a survey of analysts compiled by Bloomberg.

In corporate news, Territorial Bancorp (TBNK) shareholder Yakira Capital Management said Thursday it's concerned about the bank's refusal to consider a potential superior acquisition offer from the Blue Hill Advisors consortium over its planned merger deal with Hope Bancorp (HOPE). Territorial shares dropped 2.1% and Hope was down 1%.

KKR (KKR) shares jumped nearly 4% after the company reported higher Q3 adjusted earnings and revenue compared with a year earlier.

BlackRock (BLK) said Thursday it has launched three exchange traded funds to improve investor access to major US-listed companies. Its shares shed 0.2%.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10