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Financial sector takes a broad beating as yields fall

The financial sector was the hardest hit of the S&P 500's 11 key sectors, as banks stocks were weighed down by a sharp drop in longer-term Treasury yields. The SPDR Financial Select Se.....»»

Category: topSource: marketwatchAug 10th, 2018

Bank stocks fall as broad market weakness, yield declines prompt pullback

Bank stocks fell in premarket trade Wednesday, as a broad market decline and falling Treasury yields prompted a pullback ahead of the start of earnings season. The SPDR Financial Select Sector ETF slid 1.....»»

Category: topSource: marketwatchApr 11th, 2018

Bank stocks fall was Treasury yields drop, sending financial sector ETF toward 13-month low

Financial stocks fell sharply early Tues.....»»

Category: topSource: marketwatchOct 23rd, 2018

Stocks fall as tech takes a beating

Reuters / Brendan McDermid Stocks got whacked Friday, with the Nasdaq Composite shedding nearly 1.5%, after disappointing earnings reports from tech giants Twitter and Intel. The dollar and Treasury yields fell......»»

Category: topSource: businessinsiderJul 27th, 2018

Financial sector selloff is nearly unanimous as Treasury yields fall

The financial sector was broadly lower, weighed by the drop in longer-term Treasury yields in the wake of the disappointing monthly jobs data. The SPDR Financial Select Sector ETF slumped 1.5%, as 65 of its 66 equity components.....»»

Category: topSource: marketwatchApr 6th, 2018

Energy sector stocks take a broad beating as crude oil prices tumble

Energy stocks were hit hard Tuesday, to pace the S&P 500's sector decliners, after crude oil futures tumbled more than 7% to settle at the lowest level in nearly 16 months. The SPDR Energy Select Sector ETF dropp.....»»

Category: topSource: marketwatch16 hr. 40 min. ago

Hong Kong"s finance sector M&A deals fall prey to China crackdown

Mergers and acquisitions targeting Hong Kong financial firms have slumped this year, with insurance sector deals particularly hard hit, as China's moves to tighten capital controls and crack down on corporate debt have driven mainland buyers away......»»

Category: topSource: reutersNov 27th, 2018

Financial stocks suffer broad selloff, pace Dow decliners

Financial stocks suffered broad declines Wednesday, weighed down by falling Treasury yields and worries about liabilities related to the Cal.....»»

Category: topSource: marketwatchNov 14th, 2018

Cannabis Watch: Pot stocks fall again, as Aurora Cannabis sinks on NYSE debut

Marijuana stocks take another broad beating Tuesday, as an intraday bounce fails to prevent a sixth straight loss......»»

Category: topSource: marketwatchOct 23rd, 2018

Cannabis Watch: Marijuana stocks fall in worst-ever day for the sector

Marijuana stocks suffer broad and sharp losses Monday, and were heading for their worst week in over eight months, as full-legalization in Canada appears to have taken the shine off the sector, despite early indications of strong demand......»»

Category: topSource: marketwatchOct 22nd, 2018

World stock recovery loses steam as European auto sector takes beating

A recovery by global stocks proved short-lived as warnings over a slowing European auto sector soured an upbeat mood, while Wall Street was set for a slightly lower open after enjoying its best session in eight months the previous day......»»

Category: topSource: reutersOct 17th, 2018

Softbank pushes link-ups as insurance strategy takes shape

Softbank's Vision Fund plans to pump more money into insurance, a sector it sees as both ripe for disruption and a potential booster for its bigger bets in cars, health and financial services, a Vision Fund executive told Reuters......»»

Category: topSource: reutersOct 16th, 2018

Bank stocks rally; financials are the only group rising among S&P 500 sectors

The financial sector rose on Thursday, climbing alongside a rise in bond yields and bucking the overall negative tone of the day in the U.S. stock market. The sector gained 1.1% and was the only one of the 11 primary S&P 500 sectors to be in positive.....»»

Category: topSource: marketwatchOct 4th, 2018

Yields on US Treasury Notes Hit Record High: 5 Bank Picks

A hike in interest rate will raise the cost of funds, which in turn will enable the financial sector, especially banks On Oct 3, the U.S. 10-year and 30-year Tre.....»»

Category: dealsSource: nytOct 4th, 2018

S&P 500, Dow up as rising treasury yields boost banks

The S&P 500 and the Dow Jones industrial average rose on Wednesday, with the Dow hitting its highest closing level since late January as rising Treasury yields boosted the financial sector and trade worries subsided......»»

Category: topSource: reutersSep 19th, 2018

Financial stocks in broad rally, with J.P. Morgan leading the Dow"s gainers

Financial stocks traded broadly higher, with the group the biggest gainer among the S&P 500's 11 sectors, as the jump in Treasury yields helped provide a boost to the banks. The SPD.....»»

Category: topSource: marketwatchSep 19th, 2018

Citigroup"s stock surges to buck bank-sector selloff after upbeat outlook

Shares of Citigroup Inc. rallied 2.2% in morning trade, to buck the broad selloff in the banking sector, after the bank's upbeat presentation at the Barclays Global Financial Services Conference. Citi's stock one of just tw.....»»

Category: topSource: marketwatchSep 12th, 2018

As Tesla shares fall, Amazon takes over as most shorted US stock

With Tesla Inc's shares briefly dipping below the $300 level on Thursday, the electric carmaker ceded its seat as the most shorted U.S. stock to Amazon.com Inc, according to data from financial technology and analytics firm S3 Partners......»»

Category: topSource: moneycentralAug 30th, 2018

As Tesla shares fall, Amazon takes over as most shorted U.S. stock

With Tesla Inc's shares briefly dipping below the $300 level on Thursday, the electric carmaker ceded its seat as the most shorted U.S. stock to Amazon.com Inc, according to data from financial technology and analytics firm S3 Partners......»»

Category: topSource: moneycentralAug 30th, 2018

As Tesla shares fall, Amazon takes over as most shorted U.S. stock

With Tesla Inc's shares briefly dipping below the $300 level on Thursday, the electric carmaker ceded its seat as the most shorted U.S. stock to Amazon.com Inc , according to data from financial technology and analytics firm S3 Partners......»»

Category: topSource: reutersAug 30th, 2018

Intraday Update: Dow Takes a Beating as Volatility Returns…With a Vengeance

The Dow is sinking today as investors wrestle with Turkey, China and other issues. The market, however, might simply have been ready for a fall......»»

Category: blogSource: barronsAug 15th, 2018