Financial stocks rise, housing index gains, Bitcoin drops, nonfarm payrolls increase, mixed news for individual stocks.

From NASDAQ: 2024-04-05 15:55:55

Financial stocks are on the rise, with the NYSE Financial Index up 0.6% and the Philadelphia Housing Index gaining 1.3%. Bitcoin dropped 1.5% to $67,617, while nonfarm payrolls increased by 303,000 in March. BlackRock shares are up 0.8%, and Coinbase shares fell 3%. JPMorgan Chase has new officials leading the global banking division.

A US appeals court has allowed the Department of Justice to reopen an antitrust investigation into the National Association of Realtors, impacting Zillow and Re/Max shares. BlackRock was replaced as a money manager for the Texas Permanent School Fund. JPMorgan Chase experienced a 1.1% increase in shares.

Read more at NASDAQ.: Financial Sector Update for 04/05/2024: BLK, COIN, JPM, ZG, RMAX