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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

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

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

Metals Stocks: Gold tumbles in broad rout in the metals sector

Gold resumes a slide on Wednesday, and a widespread downdraft in the metals market takes hold, as the U.S. dollar extends its recent strengthening trend to a 14-month peak, weighing on assets priced in the currency......»»

Category: topSource: marketwatchAug 15th, 2018

S&P 500 index rises as climbing yields boost financial sector stocks

The benchmark U.S. S&P 500 index and the Nasdaq index rose on Monday as a jump in 10-year bond yields boosted financial sector stocks and investors anticipated continued strength in corporate earnings and U.S. economic growth......»»

Category: topSource: reutersJul 23rd, 2018

Financial sector rallies as bond yields rise

The S&P 500 financial sector jumped on Monday, easily outperforming the negative slant of the overall market as long-dated bond yields moved higher. The sector rose 0.5% and was the biggest percentage gainer of the 11 primary S&P 500 industry .....»»

Category: topSource: marketwatchJul 23rd, 2018

Technical Take: Consumer Discretionary Sector SPDR takes the lead before open

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJun 29th, 2018

Hong Kong: HANG SENG INDEX (.HSI) stocks fall to near 7-month low as yuan’s slide adds to China growth fears

Hong Kong: HANG SENG INDEX (.HSI) stocks fall to near 7-month low as yuan’s slide adds to China growth fears Hang Seng index ends down 1.8 percent China Enterprises index HSCE falls 2.2 percent HSI financial sector sub-index 1.9 .....»»

Category: topSource: livetradingnewsJun 27th, 2018

Viewpoint: Teaching students the basics of financial literacy

It’s no secret Massachusetts is a leader in the financial services sector. Our state is home to some of the nation’s top talent and innovation in this crucial industry. But when it comes to personal finances, many Massachusetts residents fall .....»»

Category: topSource: bizjournalsJun 7th, 2018