From Nasdaq, Inc.:

Financial stocks, including the NYSE Financial Index and the Financial Select Sector SPDR Fund, saw a rise in late Wednesday trading. The Philadelphia Housing Index also climbed, with the Real Estate Select Sector SPDR Fund gaining.

Bitcoin decreased by 1.4% to $45,471, and the yield for 10-year US Treasuries increased by 1.1 basis points to 4.03%. The Mortgage Bankers Association reported a 9.9% rebound in mortgage applications for the week ended Jan. 5, despite a rise in mortgage rates.

Ares Management is close to establishing a 20 billion euro direct-lending fund targeting loan opportunities in Europe. Nasdaq and Indian authorities discussed the possibility of Indian companies directly listing on overseas stock exchanges. Coinbase fell 1.1% after a false statement by the SEC’s compromised Twitter account.

Nu’s Mexico unit launched a service for customers to receive money from the US via WhatsApp, as part of an alliance with chat-based platform Felix Pago. Nu shares rose 1.7% after this announcement.



Read more: Financial Sector Update for 01/10/2024: ARES, COIN, NU, NDAQ