BETR, FUTU, COF lead weekly gains among financial stocks; Brazilian banks slide

seekingalpha09-21

Financial stocks climbed this past week, outpacing the broader stock market, as investors cheered the Federal Reserve's bumper half-point interest-rate cut and its signals for further policy easing. ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2469964957?lang=en_US&edition=fundamental","thumbnail":"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1622055565/image_1622055565.jpg","is_english":true,"pubTime":"2024-09-21 22:09","share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","id":"2469964957","market":"fut","top_or_hot":-1,"title":"BETR, FUTU, COF lead weekly gains among financial stocks; Brazilian banks slide","media":"seekingalpha","content":"<div>\n<p>Financial stocks climbed this past week, outpacing the broader stock market, as investors cheered the Federal Reserve's bumper half-point interest-rate cut and its signals for further policy easing. ...</p>\n\n<a href=\"https://seekingalpha.com/news/4151729-betr-futu-cof-lead-weekly-gains-among-financial-stocks-brazilian-banks-slide\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BETR, FUTU, COF lead weekly gains among financial stocks; Brazilian banks slide</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBETR, FUTU, COF lead weekly gains among financial stocks; Brazilian banks slide\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-21 22:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4151729-betr-futu-cof-lead-weekly-gains-among-financial-stocks-brazilian-banks-slide><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Financial stocks climbed this past week, outpacing the broader stock market, as investors cheered the Federal Reserve's bumper half-point interest-rate cut and its signals for further policy easing. ...</p>\n\n<a href=\"https://seekingalpha.com/news/4151729-betr-futu-cof-lead-weekly-gains-among-financial-stocks-brazilian-banks-slide\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4526","symbol_name":"热门中概股","start_time":0,"source_url":"https://seekingalpha.com/news/4151729-betr-futu-cof-lead-weekly-gains-among-financial-stocks-brazilian-banks-slide","article_id":"2469964957","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1622055565/image_1622055565.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2469964957","pubTimestamp":1726927740,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Financial stocks climbed this past week, outpacing the broader stock market, as investors cheered the Federal Reserve's bumper half-point interest-rate cut and its signals for further policy easing. The Financial Select Sector SPDR ETF  gained 2.4% for the week ended Sept. 20, stronger than the S&P 500's 1.4% rise. Rising the most of any financial stock , homeownership company Better Home & Finance Holding  jumped 17.5%; Hong Kong-based Futu Holdings  gapped up 13.8%; Capital One Financial , which during the week posted an increase in its delinquency and net charge-off rates for August, accelerated 9.6%; PayPal Holdings  ascended 9.5% after the payments firm formed a new partnership with Amazon Buy with Prime; and Argentine lender Banco Macro  rounded out the five biggest financial winners with a 9.3% advance. On the flip side, insurance broker Arthur J. Gallagher  fell the most last week among financials, shedding 7.2%; Brazil-based Banco Bradesco  slid 6.1%; XP , a Brazilian investme","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4526":"热门中概股","BETR":"BETTER HOME & FINANCE HOLDING","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","IE00BDGV0183.EUR":"GUINNESS GLOBAL EQUITY INCOME \"C\" (EUR) INC","LU0532187761.SGD":"JPMorgan Funds - Brazil Equity A (acc) SGD","IE00BVYPNW00.USD":"GUINNESS GLOBAL EQUITY INCOME \"C\" (USD) ACC","FUTU":"富途控股","QID":"纳指两倍做空ETF","LU0449515922.USD":"HSBC GIF GLOBAL EMERGING MARKETS EQUITY \"PC\" (USD)ACC","BSBR":"桑坦德巴西分行",".IXIC":"NASDAQ Composite","PYPL":"PayPal","BK4166":"消费信贷","SG9999014005.SGD":"United Global Durable Equities Fund Acc SGD","SQQQ":"纳指三倍做空ETF","BK4173":"保险经纪商","BK4554":"元宇宙及AR概念","XP":"XP Inc.","COF":"第一资本","BK4127":"投资银行业与经纪业","LU1861217088.USD":"贝莱德金融科技A2","LU1861220207.SGD":"Blackrock FinTech A2 SGD-H","QLD":"纳指两倍做多ETF","BK4106":"数据处理与外包服务","BBD":"巴西布拉德斯科银行","LU0154245756.USD":"BNP PARIBAS US MID CAP \"C\" (USD) ACC","LU0158827948.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"A\" (USD) INC","BMA":"Banco Macro S.A. ADS","TQQQ":"纳指三倍做多ETF","BK4548":"巴美列捷福持仓","CLSK":"CleanSpark, Inc.","LU0157215616.USD":"FIDELITY GLOBAL FOCUS \"A\" INC","LU0229945570.USD":"TEMPLETON BRIC \"A\" (USD) ACC","BK4534":"瑞士信贷持仓","IE00BGHQF631.EUR":"GUINNESS GLOBAL EQUITY INCOME \"C\" (EUR) ACC","PSQ":"纳指反向ETF","BK4595":"比特币概念","LU0320763518.SGD":"FTIF - Templeton Latin America A Acc SGD","BK4533":"AQR资本管理(全球第二大对冲基金)","IE00B3PB1722.GBP":"GUINNESS GLOBAL EQUITY INCOME \"C\" (GBP) INC","LU2360107671.USD":"BGF FINTECH \"A4\" (USD) INC","BK4227":"交易和支付处理服务","IE00B42XCP33.USD":"GUINNESS GLOBAL EQUITY INCOME \"C\" (USD) INC","BK4229":"商业和住宅抵押贷款融资","BK4524":"宅经济概念","AJG":"亚瑟加拉格尔有限公司","BK4527":"明星科技股"},"translate_title":"BETR、富途、COF领涨金融股周涨幅；巴西银行下滑","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AJG":1,"XP":1,"COF":1,"BSBR":1,"BMA":1,"BBD":1,"BETR":1,".IXIC":0.9,"FUTU":0.7,"PYPL":0.7,"PSQ":0.6,"QID":0.6,"QLD":0.6,"SQQQ":0.6,"TQQQ":0.6,"CLSK":0.6,"MNQmain":0.6,"NQmain":0.6},"content_text":"Financial stocks climbed this past week, outpacing the broader stock market, as investors cheered the Federal Reserve's bumper half-point interest-rate cut and its signals for further policy easing. The Financial Select Sector SPDR ETF (NYSEARCA:XLF) gained 2.4% for the week ended Sept. 20, stronger than the S&P 500's 1.4% rise. Rising the most of any financial stock (with market cap over $2B), homeownership company Better Home & Finance Holding (NASDAQ:BETR) jumped 17.5%; Hong Kong-based Futu Holdings (NASDAQ:FUTU) gapped up 13.8%; Capital One Financial (NYSE:COF), which during the week posted an increase in its delinquency and net charge-off rates for August, accelerated 9.6%; PayPal Holdings (NASDAQ:PYPL) ascended 9.5% after the payments firm formed a new partnership with Amazon Buy with Prime; and Argentine lender Banco Macro (NYSE:BMA) rounded out the five biggest financial winners with a 9.3% advance. On the flip side, insurance broker Arthur J. Gallagher (NYSE:AJG) fell the most last week among financials, shedding 7.2%; Brazil-based Banco Bradesco (NYSE:BBD) slid 6.1%; XP (NASDAQ:XP), a Brazilian investment manager, dipped 4.8%; Banco Santander (Brasil) (NYSE:BSBR), a fellow Brazilian bank, retreated 4.3%; and CleanSpark (NASDAQ:CLSK) slipped 4.2% even as bitcoin delivered a positive weekly return.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2469964957"}