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":"sg","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":"BBD","symbol_name":"巴西布拉德斯科银行","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":{"BBD":"巴西布拉德斯科银行","LU0320763518.SGD":"FTIF - Templeton Latin America A Acc SGD","BK4526":"热门中概股","IE00B3PB1722.GBP":"GUINNESS GLOBAL EQUITY INCOME \"C\" (GBP) INC","LU2360107671.USD":"BGF FINTECH \"A4\" (USD) INC",".IXIC":"NASDAQ Composite","XP":"XP Inc.","IE00B42XCP33.USD":"GUINNESS GLOBAL EQUITY INCOME \"C\" (USD) INC","LU0229945570.USD":"TEMPLETON BRIC \"A\" (USD) ACC","CLSK":"CleanSpark, Inc.","AJG":"亚瑟加拉格尔有限公司","SQQQ":"纳指三倍做空ETF","FUTU":"富途控股","QLD":"纳指两倍做多ETF","PYPL":"PayPal","PSQ":"纳指反向ETF","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","BETR":"BETTER HOME & FINANCE HOLDING","IE00BDGV0183.EUR":"GUINNESS GLOBAL EQUITY INCOME \"C\" (EUR) INC","BK4548":"巴美列捷福持仓","LU0532187761.SGD":"JPMorgan Funds - Brazil Equity A (acc) SGD","BK4527":"明星科技股","LU0449515922.USD":"HSBC GIF GLOBAL EMERGING MARKETS EQUITY \"PC\" (USD)ACC","BK4127":"投资银行业与经纪业","BK4173":"保险经纪商","IE00BVYPNW00.USD":"GUINNESS GLOBAL EQUITY INCOME \"C\" (USD) ACC","TQQQ":"纳指三倍做多ETF","BK4106":"数据处理与外包服务","SG9999014005.SGD":"United Global Durable Equities Fund Acc SGD","BK4554":"元宇宙及AR概念","BK4534":"瑞士信贷持仓","BSBR":"桑坦德巴西分行","LU1861217088.USD":"贝莱德金融科技A2","BK4533":"AQR资本管理(全球第二大对冲基金)","LU1861220207.SGD":"Blackrock FinTech A2 SGD-H","BK4227":"交易和支付处理服务","COF":"第一资本","BK4595":"比特币概念","BMA":"Banco Macro S.A. ADS","BK4229":"商业和住宅抵押贷款融资","LU0154245756.USD":"BNP PARIBAS US MID CAP \"C\" (USD) ACC","LU0158827948.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"A\" (USD) INC","QID":"纳指两倍做空ETF","BK4524":"宅经济概念","LU0157215616.USD":"FIDELITY GLOBAL FOCUS \"A\" INC","IE00BGHQF631.EUR":"GUINNESS GLOBAL EQUITY INCOME \"C\" (EUR) ACC","BK4166":"消费信贷"},"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":"4.29.2","shortVersion":"4.29.2","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"}