Sector Update: Financial Stocks Decline Late Afternoon

MT Newswires Live02-01 04:52

Financial stocks fell in late Friday afternoon trading, with the NYSE Financial Index down 0.7% and the Financial Select Sector SPDR Fund (XLF) decreasing 0.5%.

The Philadelphia Housing Index dropped 2.5%, and the Real Estate Select Sector SPDR Fund (XLRE) shed 0.4%.

Bitcoin (BTC-USD) fell 2.7% to $101,916, and the yield for 10-year US Treasuries rose 6.2 basis points to 4.581%.

In economic news Friday, US Bureau of Economic Analysis data showed the personal consumption expenditures price index rose 0.3% in December, as expected in a Bloomberg survey.

In other news, President Donald Trump will begin implementing a 25% tariff on Mexico and Canada and a 10% tariff on China on Saturday, Bloomberg reported, citing White House Press Secretary Karoline Leavitt.

In corporate news, CBL & Associates Properties (CBL) shares rose 4% after the firm completed the sale of Monroeville Mall and Annex in Monroeville, Pennsylvania, for $34 million in cash.

Visa (V) reported fiscal Q1 non-GAAP earnings late Thursday of $2.75 per share, exceeding the FactSet consensus estimate of $2.66. The shares rose 0.2%.

WisdomTree (WT) reported Q4 adjusted earnings of $0.17 per share, up from $0.11 a year earlier. Analysts polled by FactSet expected $0.18. The shares shed 0.6%.

Deutsche Bank (DB) and Strategic Value Partners, among other owners of Celsa Group, will approach Spanish investors for a capital increase for the steelmaker, Bloomberg reported. Deutsche shares fell 1.3%.

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

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2508009992?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-02-01 04:52","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2508009992","market":"sh","top_or_hot":-1,"title":"Sector Update: Financial Stocks Decline Late Afternoon","media":"MT Newswires Live","content":"<html><body><p> Financial stocks fell in late Friday afternoon trading, with the NYSE Financial Index down 0.7% and the Financial Select Sector SPDR Fund (XLF) decreasing 0.5%.</p><p>The Philadelphia Housing Index dropped 2.5%, and the <a href=\"https://laohu8.com/S/XLRE\">Real Estate Select Sector SPDR Fund</a> (XLRE) shed 0.4%.</p><p>Bitcoin (BTC-USD) fell 2.7% to $101,916, and the yield for 10-year US Treasuries rose 6.2 basis points to 4.581%.</p><p>In economic news Friday, US Bureau of Economic Analysis data showed the personal consumption expenditures price index rose 0.3% in December, as expected in a Bloomberg survey.</p><p>In other news, President Donald Trump will begin implementing a 25% tariff on Mexico and Canada and a 10% tariff on China on Saturday, Bloomberg reported, citing White House Press Secretary Karoline Leavitt.</p><p>In corporate news, CBL &amp; Associates Properties (CBL) shares rose 4% after the firm completed the sale of Monroeville Mall and Annex in Monroeville, Pennsylvania, for $34 million in cash.</p><p><a href=\"https://laohu8.com/S/V\">Visa</a> (V) reported fiscal Q1 non-GAAP earnings late Thursday of $2.75 per share, exceeding the FactSet consensus estimate of $2.66. The shares rose 0.2%.</p><p>WisdomTree (WT) reported Q4 adjusted earnings of $0.17 per share, up from $0.11 a year earlier. Analysts polled by FactSet expected $0.18. The shares shed 0.6%.</p><p>Deutsche Bank (DB) and Strategic Value Partners, among other owners of Celsa Group, will approach Spanish investors for a capital increase for the steelmaker, Bloomberg reported. Deutsche shares fell 1.3%.</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 Late 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 Late Afternoon\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-02-01 04:52 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 late Friday afternoon trading, with the NYSE Financial Index down 0.7% and the Financial Select Sector SPDR Fund (XLF) decreasing 0.5%.The Philadelphia Housing Index dropped ...</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":"SG9999018865.SGD","symbol_name":"United Global Quality Growth Fd Cl Dist SGD-H","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2508009992","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2508009992","pubTimestamp":1738356749,"columns":[],"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 late Friday afternoon trading, with the NYSE Financial Index down 0.7% and the Financial Select Sector SPDR Fund (XLF) decreasing 0.5%.The Philadelphia Housing Index dropped 2","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SG9999018865.SGD":"United Global Quality Growth Fd Cl Dist SGD-H","LU0234570918.USD":"高盛全球核心股票组合Acc Close","XLRE":"Real Estate Select Sector SPDR Fund","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","LU0128525929.USD":"TEMPLETON GLOBAL \"A\" (USD) ACC","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","LU0942090050.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD)  INC","LU2023251221.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"AM\" (USD) INC","LU2244417387.USD":"FIDELITY SUSTAINABLE US EQUITY \"A\" (USD) ACC","LU0056508442.USD":"贝莱德世界科技基金A2","LU0048584097.USD":"FIDELITY FUNDS  GLOBAL THEMATIC OPPORTUNITIES \"A\" (USD) INC","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","CBL":"CBL & Associates Properties, Inc.","LU1037948897.HKD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (HKD) INC","GB00B4LPDJ14.GBP":"FUNDSMITH EQUITY \"R\" (GBP) ACC","WT":"智慧树投资","LU0823421416.USD":"BNP PARIBAS DISRUPTIVE TECHNOLOGY \"C\" (USD) INC","LU0061474960.USD":"天利环球焦点基金AU Acc","LU1823568750.SGD":"Fidelity Global Technology A-ACC SGD","LU1712237335.SGD":"Natixis Mirova Global Sustainable Equity H-R-NPF/A SGD","LU0158827781.USD":" ALLIANZ GLOBAL SUSTAINABILITY \"AT\" (USD) ACC","LU2023250843.SGD":"Allianz Thematica Cl AT Acc H2-SGD","LU0545562505.USD":"NINETY ONE GSF GLOBAL QUALITY DIVIDEND GROWTH \"A\" (USD) INC","LU1633808545.USD":"ALLIANZ GLOBAL EQUITY GROWTH \"AT\" (USD) ACC","LU0965509010.AUD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (AUDHDG) INC","CBL.AU":"Control Bionics Ltd","LU0426412945.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USD) ACC","LU2264538146.SGD":"Fullerton Lux Funds - Global Absolute Alpha A Acc SGD","LU1934455863.HKD":"AB SICAV I LOW VOLATILITY TOTAL RETURN EQUITY PORT \"A\" (HKD) ACC","V":"Visa","LU0057025933.USD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (USD) ACC","LU0006306889.USD":"SCHRODER ISF US LARGE CAP \"A\" (USD) INC AV","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","DB":"德意志银行","LU2087625088.SGD":"ALLSPRING  US ALL CAP GROWTH \"A\" (SGDHDG) ACC","LU1046421795.USD":"富达环球科技A-ACC","LU0861579265.USD":"联博低波幅策略股票基金A","LU0965509283.SGD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (SGDHDG) INC","LU0672654240.SGD":"FTIF - Franklin US Opportunities A Acc SGD-H1","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","BK4585":"ETF&股票定投概念","XLF":"金融ETF","BK4534":"瑞士信贷持仓","LU0354030438.USD":"富国美国大盘成长基金Cl A Acc","SG9999014880.SGD":"大华全球优质成长基金Acc SGD","LU0289941410.SGD":"AB FCP I Dynamic Diversified AX SGD","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","LU0265550359.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A2\" (USD) ACC","BK4559":"巴菲特持仓","LU1121112475.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USDHDG) ACC"},"translate_title":"板块更新：金融股午后下跌","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XLRE":1,"XLF":1,"CBL.AU":1,"CBL":0.9,"DB":0.9,"WT":0.9,"V":0.9},"content_text":"Financial stocks fell in late Friday afternoon trading, with the NYSE Financial Index down 0.7% and the Financial Select Sector SPDR Fund (XLF) decreasing 0.5%.The Philadelphia Housing Index dropped 2.5%, and the Real Estate Select Sector SPDR Fund (XLRE) shed 0.4%.Bitcoin (BTC-USD) fell 2.7% to $101,916, and the yield for 10-year US Treasuries rose 6.2 basis points to 4.581%.In economic news Friday, US Bureau of Economic Analysis data showed the personal consumption expenditures price index rose 0.3% in December, as expected in a Bloomberg survey.In other news, President Donald Trump will begin implementing a 25% tariff on Mexico and Canada and a 10% tariff on China on Saturday, Bloomberg reported, citing White House Press Secretary Karoline Leavitt.In corporate news, CBL & Associates Properties (CBL) shares rose 4% after the firm completed the sale of Monroeville Mall and Annex in Monroeville, Pennsylvania, for $34 million in cash.Visa (V) reported fiscal Q1 non-GAAP earnings late Thursday of $2.75 per share, exceeding the FactSet consensus estimate of $2.66. The shares rose 0.2%.WisdomTree (WT) reported Q4 adjusted earnings of $0.17 per share, up from $0.11 a year earlier. Analysts polled by FactSet expected $0.18. The shares shed 0.6%.Deutsche Bank (DB) and Strategic Value Partners, among other owners of Celsa Group, will approach Spanish investors for a capital increase for the steelmaker, Bloomberg reported. Deutsche shares fell 1.3%.","kind":"highlight","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":"4.30.2","shortVersion":"4.30.2","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/2508009992"}