Financial Sector Update for 01/23/2023: TRNO,AJG,BSBR,SYF
Financial stocks retained most of their Monday gains in afternoon trading, with the NYSE Financial Index rising 0.6% and the Financial Select Sector SPDR Fund (XLF) up 1%.
The Philadelphia Housing Index was climbing 1.1% and the Real Estate Select Sector SPDR Fund (XLRE) was up 0.3%.
Bitcoin was increasing 0.1% to $22,859, while the yield for 10-year US Treasuries was climbing 3.5 basis points to 3.525%.
In company news, Terreno Realty (TRNO) added 1.5% after the real estate investment trust Monday said a transportation and logistics company has signed a new lease beginning April 1 and running through November 2028 for a 192,000-square-foot facility in northern New Jersey.
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