Sector Update: Financial Stocks Rise Late Afternoon

From Nasdaq: 2024-09-17 15:53:33

Financial stocks saw gains in late Tuesday trading, with the NYSE Financial Index up 0.1% and the Philadelphia Housing Index climbing 0.5%. Bitcoin surged 3.8% to $60,149. US retail sales in August rose 0.1%, a positive surprise compared to expectations. Accenture shifted its appraisal timing, causing shares to drop 4.8%. Netcapital reported a wider loss, leading to a 28% share decrease. JPMorgan Chase is reportedly in talks to take over Apple’s credit card program, causing a 0.5% increase in JPMorgan shares and a slight rise in Apple shares. New York Community Bancorp shares rose 4.3% after an upgrade from Raymond James.



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