Sector Update: Financial

MT Newswires Live10-27 01:48

Financial stocks were advancing in Monday afternoon trading, with the NYSE Financial Index rising 0.1% and the State Street Financial Select Sector SPDR ETF (XLF) up 0.3%.

The Philadelphia Housing Index was decreasing 0.5%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) added 0.4%.

Bitcoin (BTC-USD) was increasing 0.1% to $80,156, and the yield for 10-year US Treasuries was easing 1 basis point to 4.978%.

In corporate news, Anthropic filed with the US Securities and Exchange Commission on Monday for an initial public offering of Class A common stock on the Nasdaq Global Select Market under the symbol "ANT." Goldman Sachs (GS) and Morgan Stanley (MS) are the lead underwriters, according to the filing. Goldman shares rose 2.5%, and Morgan Stanley gained 3%.

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