Sector Update: Financial Stocks Decline Tuesday Afternoon

MT Newswires Live11-20 02:53

Financial stocks fell in Tuesday afternoon trading with the NYSE Financial Index down 0.2% and the Financial Select Sector SPDR Fund (XLF) off 0.5%.

The Philadelphia Housing Index eased 0.2%, and the Real Estate Select Sector SPDR Fund (XLRE) rose 0.4%.

Bitcoin (BTC-USD) gained 3.2% to $93,428, and the yield for 10-year US Treasuries shed 3.3 basis points to 4.381%.

In economic news, US online retail sales rose 2.6% in Q3 after advancing 1.6% in the prior quarter and were up 7.4% from a year earlier, the US Census Bureau reported.

Redbook US same-store sales last week rose 5.1% from a year earlier after a 4.8% increase in the previous week.

In regulatory news, Federal Deposit Insurance Corp. Chairman Martin Gruenberg intends to step down on Jan. 19, Bloomberg reported.

In corporate news, H&R Block (HRB) shares fell 8.2% and Intuit (INTU) dropped 5.5% after the Washington Post reported that the leaders of President-elect Donald Trump's proposed Department of Government Efficiency discussed the creation of a mobile app for people to file taxes for free.

Deutsche Bank (DB) has filed a motion with Germany's top civil court asking if it can appeal a ruling over increased payments sought by former Postbank investors, Bloomberg reported. Deutsche shares shed 1.7%.

Jersey Mike's Subs said Tuesday that Blackstone (BX) agreed to buy a majority stake in the sandwich shop company. Financial terms of the deal weren't disclosed, but Jersey Mike's could be valued at $8 billion, including debt, according to an earlier Reuters report, which cited a person familiar with the matter. Blackstone shares were rising 1.6%.

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/2484715639?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-20 02:53","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2484715639","market":"us","top_or_hot":-1,"title":"Sector Update: Financial Stocks Decline Tuesday Afternoon","media":"MT Newswires Live","content":"<html><body><p> Financial stocks fell in Tuesday afternoon trading with the NYSE Financial Index down 0.2% and the Financial Select Sector SPDR Fund (XLF) off 0.5%.</p><p>The Philadelphia Housing Index eased 0.2%, and the <a href=\"https://laohu8.com/S/XLRE\">Real Estate Select Sector SPDR Fund</a> (XLRE) rose 0.4%.</p><p>Bitcoin (BTC-USD) gained 3.2% to $93,428, and the yield for 10-year US Treasuries shed 3.3 basis points to 4.381%.</p><p>In economic news, US online retail sales rose 2.6% in Q3 after advancing 1.6% in the prior quarter and were up 7.4% from a year earlier, the US Census Bureau reported.</p><p>Redbook US same-store sales last week rose 5.1% from a year earlier after a 4.8% increase in the previous week.</p><p>In regulatory news, Federal Deposit Insurance Corp. Chairman Martin Gruenberg intends to step down on Jan. 19, Bloomberg reported.</p><p>In corporate news, H&amp;R <a href=\"https://laohu8.com/S/SQ\">Block</a> (HRB) shares fell 8.2% and Intuit (INTU) dropped 5.5% after the Washington Post reported that the leaders of President-elect Donald Trump's proposed Department of Government Efficiency discussed the creation of a mobile app for people to file taxes for free.</p><p>Deutsche Bank (DB) has filed a motion with Germany's top civil court asking if it can appeal a ruling over increased payments sought by former Postbank investors, Bloomberg reported. Deutsche shares shed 1.7%.</p><p>Jersey Mike's Subs said Tuesday that Blackstone (BX) agreed to buy a majority stake in the sandwich shop company. Financial terms of the deal weren't disclosed, but Jersey Mike's could be valued at $8 billion, including debt, according to an earlier Reuters report, which cited a person familiar with the matter. Blackstone shares were rising 1.6%.</p></body></html>","source":"mtnewswires_news","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>Sector Update: Financial Stocks Decline Tuesday Afternoon</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\">\nSector Update: Financial Stocks Decline Tuesday Afternoon\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-20 02:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mtnewswires.com/><strong>MT Newswires Live</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Financial stocks fell in Tuesday afternoon trading with the NYSE Financial Index down 0.2% and the Financial Select Sector SPDR Fund (XLF) off 0.5%.The Philadelphia Housing Index eased 0.2%, and the ...</p>\n\n<a href=\"https://www.mtnewswires.com/\">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":"LU0689626769.HKD","symbol_name":"AB SICAV I - SUSTAINABLE US THEMATIC PORTFOLIO \"A\" (HKD) ACC","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2484715639","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2484715639","pubTimestamp":1732042407,"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Financial stocks fell in Tuesday afternoon trading with the NYSE Financial Index down 0.2% and the Financial Select Sector SPDR Fund (XLF) off 0.5%.The Philadelphia Housing Index eased 0.2%, and the R","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0689626769.HKD":"AB SICAV I - SUSTAINABLE US THEMATIC PORTFOLIO \"A\" (HKD) ACC","IE00BQXX3D17.EUR":"GUINNESS GLOBAL INNOVATORS \"C\" (EUR) ACC","BX":"黑石","BK4023":"应用软件","LU0994945656.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USD) INC 2","BK4192":"特殊消费者服务","LU0511384066.AUD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (AUDHDG) ACC","IE00B3QW5Z07.USD":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (USD) ACC","IE00BGHQF748.EUR":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (EUR) ACC","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","DB":"德意志银行","IE00BQXX3F31.USD":"GUINNESS GLOBAL INNOVATORS \"C\" (USD) ACC","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","LU0823434583.USD":"BNP PARIBAS US GROWTH \"C\" (USD) ACC","LU1236620834.HKD":"HSBC GIF GLOBAL SUSTAINABLE LONG TERM DIVIDEND \"AM2\" (HKD) INC","BK4566":"资本集团","LU0738911758.USD":"Blackrock Global Equity Income A6 USD","LU0957791311.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"ZU\" (USD) ACC","LU1815333072.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"AUP\" (USD) INC","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","XLRE":"Real Estate Select Sector SPDR Fund","INTU":"财捷","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","LU1121112475.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USDHDG) ACC","BK4588":"碎股","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","BK4118":"综合性资本市场","LU0889565833.HKD":"FRANKLIN TECHNOLOGY \"A\" (HKD) ACC","LU0426417589.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USD) INC","HRB":"H&R布洛克税务","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","BK4551":"寇图资本持仓","IE00BN8TJ469.HKD":"FTGF CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A\" (HKD) INC","LU0124676726.USD":"AB SICAV I - SUSTAINABLE US THEMATIC PORTFOLIO \"A\" (USD) ACC","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","LU2095319765.USD":"Natixis Thematics Subscription Economy R/A USD","LU0061474960.USD":"天利环球焦点基金AU Acc","XLF":"金融ETF","LU2265009873.SGD":"Eastspring Investments - Global Growth Equity AS SGD-H","IE00BBT3K403.USD":"LEGG MASON CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A(USD) ACC","BK4135":"资产管理与托管银行","LU1043141123.HKD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (HKD) INC 2","LU0345774631.USD":"NINETY ONE GSF AMERICAN FRANCHISE \"A\" (USD) INC","LU1804176565.USD":"EASTSPRING INV GLOBAL GROWTH EQUITY \"A\" (USD) ACC","SG9999002224.SGD":"Allianz Global High Payout SGD","LU0426412945.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USD) ACC","LU0661504455.SGD":"Blackrock Global Equity Income A5 SGD-H","IE00B64PRP62.GBP":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (GBP) ACC"},"translate_title":"行业更新：金融股周二下午下跌","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XLRE":1,"XLF":1,"INTU":1,"BX":0.9,"DB":0.9,"HRB":0.9},"content_text":"Financial stocks fell in Tuesday afternoon trading with the NYSE Financial Index down 0.2% and the Financial Select Sector SPDR Fund (XLF) off 0.5%.The Philadelphia Housing Index eased 0.2%, and the Real Estate Select Sector SPDR Fund (XLRE) rose 0.4%.Bitcoin (BTC-USD) gained 3.2% to $93,428, and the yield for 10-year US Treasuries shed 3.3 basis points to 4.381%.In economic news, US online retail sales rose 2.6% in Q3 after advancing 1.6% in the prior quarter and were up 7.4% from a year earlier, the US Census Bureau reported.Redbook US same-store sales last week rose 5.1% from a year earlier after a 4.8% increase in the previous week.In regulatory news, Federal Deposit Insurance Corp. Chairman Martin Gruenberg intends to step down on Jan. 19, Bloomberg reported.In corporate news, H&R Block (HRB) shares fell 8.2% and Intuit (INTU) dropped 5.5% after the Washington Post reported that the leaders of President-elect Donald Trump's proposed Department of Government Efficiency discussed the creation of a mobile app for people to file taxes for free.Deutsche Bank (DB) has filed a motion with Germany's top civil court asking if it can appeal a ruling over increased payments sought by former Postbank investors, Bloomberg reported. Deutsche shares shed 1.7%.Jersey Mike's Subs said Tuesday that Blackstone (BX) agreed to buy a majority stake in the sandwich shop company. Financial terms of the deal weren't disclosed, but Jersey Mike's could be valued at $8 billion, including debt, according to an earlier Reuters report, which cited a person familiar with the matter. Blackstone shares were rising 1.6%.","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":1},"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/2484715639"}