Sector Update: Financial
MT Newswires Live10-24 03:17
Financial stocks fell in late Friday afternoon trading with the NYSE Financial Index dropping 1.1% and the State Street Financial Select Sector SPDR ETF (XLF) declining 1.2%.
The Philadelphia Housing Index lost 0.8%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) rose 0.1%.
Bitcoin (BTC-USD) fell 0.2% to $81,208, and the yield for 10-year US Treasuries rose 3.9 basis points to 4.992%.
In corporate news, eToro's (ETOR) offer to acquire European digital wealth manager Moneyfarm for 250 million euros ($279.8 million) to 300 million euros was rejected by the UK-based firm, Bloomberg reported. EToro shares fell 1.6%.
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