FINWIRES · TerminalLIVE
FINWIRES

$LYG

27 stories mentioning LYGUpdated just now

Every FINWIRES story that references LYG, newest first.

Asia Markets

European Equities Traded in the US as American Depositary Receipts Track Sharply Higher in Thursday Trading

European equities traded in the US as American depositary receipts were tracking sharply higher late Thursday morning, rising 1.84% to 1,938.04 on the S&P Europe Select ADR Index.From continental Europe, the gainers were led by telecommunications company Nokia (NOK) and lender ING Group (ING), which advanced 9.8% and 7% respectively. They were followed by lenders Banco Bilbao Vizcaya Argentaria (BBVA) and Banco Santander (SAN), which climbed 6.8% and 4.6% respectively.The decliners from continental Europe were led by pharmaceutical company Sanofi (SNY) and software firm SAP (SAP), which lost 6.2% and 2.8% respectively. They were followed by internet ad firm Criteo (CRTO) and biopharmaceutical company argenx (ARGX), which dropped 2.5% and 1.8% respectively.The gainers from the UK were led by lenders Barclays (BCS) and Lloyds Banking Group (LYG), which rose 5.6% and 5.4% respectively. They were followed by insurance firm Prudential (PUK) and biopharmaceutical company Mereo BioPharma Group (MREO), which were up 4.8% and 1.6% respectively.The decliners from the UK and Ireland were led by software firm Endava (DAVA) and communications company WPP (WPP), which fell 6.4% and 5.8% respectively. They were followed by biotech firm Trinity Biotech (TRIB) and biopharmaceutical company Akari Therapeutics (AKTX), which were down 4.4% and 2.9% respectively.

$AKTX$ARGX$BBVA$BCS$CRTO$DAVA$ING$LYG$MREO$NOK$PUK$SAN$SAP$SNY$TRIB$WPP
Asia Markets

European Equities Traded in US as ADRs Ease in Tuesday Trading

European equities traded in the US as American depositary receipts eased late Tuesday morning with the S&P Europe Select ADR Index down 0.1% to 1,903.66.From continental Europe, the gainers were led by consumer goods company Unilever (UL) and software firm SAP (SAP), which climbed 8.6% and 4.8%, respectively. They were followed by pharmaceutical company Sanofi (SNY) and brewing company Anheuser-Busch InBev (BUD), which advanced 3.7% and 3%, respectively.The decliners from continental Europe were led by telecommunications operator Nokia (NOK) and biopharmaceutical company DBV Technologies (DBVT), which dropped 6.3% and 5.1%, respectively. They were followed by medical device maker EDAP TMS (FOCL) and semiconductor company Sequans Communications (SQNS), which lost 3.3% and 3.1%, respectively.The gainers from the UK were led by biotech firm Trinity Biotech (TRIB) and software company Endava (DAVA), which rose 9.6% and 7.9%, respectively. They were followed by pharmaceutical company GSK (GSK) and communications company WPP (WPP), which were up 6.5% and 6.4%, respectively.The decliners from the UK and Ireland were led by pharmaceutical company Silence Therapeutics (SLN) and lender Barclays (BCS), which fell 7.8% and 7.3%, respectively. They were followed by biopharmaceutical company Biodexa Pharmaceuticals (BDRX) and lender Lloyds Banking Group (LYG), which dropped 7% and 2.5%, respectively.

$BCS$BDRX$BUD$DAVA$DBVT$FOCL$GSK$LYG$NOK$SAP$SLN$SNY$SQNS$TRIB$UL$WPP
Asia Markets

European Equities Traded in the US as American Depositary Receipts Rise in Tuesday Trading

European equities traded in the US as American depositary receipts were climbing sharply higher late Tuesday morning, rising 1.57% to 1,909.91 on the S&P Europe Select ADR Index.From continental Europe, the gainers were led by telecommunications company Nokia (NOK) and biopharmaceutical company argenx (ARGX), which rose 5.5% and 2.3% respectively. They were followed by lender Banco Bilbao Vizcaya Argentaria (BBVA)and oil and gas company Eni (E), which were up 2.2% and 0.9% respectively.The decliners from continental Europe were led by software firm SAP (SAP) and consumer goods company Unilever (UL), which fell 1.7% and 1.3% respectively. They were followed by healthcare tech company Royal Philips (PHG) and 3D printer company Materialise (MTLS), which were down 1% and 0.8%. respectivelyThe gainers from the UK were led by mining company BHP Group (BHP) and lender Lloyds Banking Group (LYG), which advanced 2.7% and 2.1%, respectively. They were followed by lender Barclays (BCS) and biotech firm Autolus Therapeutics (AUTL), which gained 2% and 0.9%, respectively.The decliners from the UK and Ireland were led by biopharmaceutical company Akari Therapeutics (AKTX) and communications company WPP (WPP), which lost 6.3% and 4.3% respectively. They were followed by telecommunications operator Vodafone Group (VOD) and tobacco company British American Tobacco (BTI), which dropped 1.2% and 1% respectively.

$AKTX$ARGX$AUTL$BBVA$BCS$BHP$BTI$E$LYG$MTLS$NOK$PHG$SAP$UL$VOD$WPP
Asia Markets

European Equities Traded in US as ADRs Decline

European equities traded in the US as American depositary receipts fell in Monday trading with the S&P Europe Select ADR Index shedding 0.6% to 1,894.81.From continental Europe, the gainers were led by technology company Ericsson (ERIC) and healthcare company Fresenius Medical Care (FMS), which rose 2% and 1.6%, respectively. They were followed by software company SAP (SAP), which added 1.4%.The decliners from continental Europe were led by semiconductor company Sequans Communications (SQNS) and tech company Opera (OPRA), which fell 4.4% and 1.4%, respectively.From the UK and Ireland, the gainers were led by telecom giant Vodafone (VOD) and education group Pearson (PSO), which gained 4% and 3.2%, respectively. They were followed by energy giants BP (BP) and Shell (SHEL), which added 2.8% and 1.3%, respectively.The decliners from the UK and Ireland were led by banking group Lloyds (LYG) and pharmaceutical company AstraZeneca (AZN), which shed 1.7% and 1.1%, respectively.

$AZN$BP$ERIC$FMS$LYG$OPRA$PSO$SAP$SHEL$SQNS$VOD
Sectors

Sector Update: Financial Stocks Edge Lower Late Afternoon

Financial stocks edged down in late Tuesday afternoon trading, with the NYSE Financial Index 0.1% lower and the State Street Financial Select Sector SPDR ETF (XLF) easing 0.2%.The Philadelphia Housing Index was down 0.8%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) fell 1.4%.Bitcoin (BTC-USD) was falling 2.7% to $58,557, and the yield for 10-year US Treasuries fell 1 basis point to 4.39%.In economic news, US job openings rose to 7.594 million in May, according to the Bureau of Labor Statistics, above the 7.296 million openings expected in a Bloomberg-compiled survey and up from the 7.585 million openings reported in April.The Conference Board's measure of consumer confidence rose to 91.2 in June from a downwardly revised 90.6 in May, below the 94.4 expected in a Bloomberg-compiled poll.The Institute for Supply Management's Chicago PMI fell to 56.7 in June from 62.7 in May, compared with the expected 55.1 reading in a Bloomberg survey.In corporate news, Houlihan Lokey (HLI) agreed to acquire Intrepid Financial Partners, an investment bank specializing in advisory services for the energy sector, for an undisclosed amount. Houlihan Lokey shares rose 1%.Helix Infrastructure Partners, a new AI infrastructure firm backed by KKR (KKR) and Nvidia (NVDA), is looking to buy a data center company to quickly bring new data center space to hyperscalers, The Information reported. KKR shares climbed 3.3%.Ares Management (ARES) and Alibaba (BABA) co-founder Joe Tsai led a $100 million investment in the Premier Lacrosse League, valuing the league at more than $500 million, Bloomberg reported. Ares shares gained 4%.Lloyds (LYG) is planning to raise its focus on workplace pensions to boost its wealth segment as part of its five-year strategy through 2030, Bloomberg reported. Shares added 1.5%.

$ARES$HLI$KKR$LYG
Asia Markets

European Equities Traded in the US as American Depositary Receipts Rise in Tuesday Trading

European equities traded in the US as American depositary receipts were heading higher late Tuesday morning, rising 0.7% to 1,919.96 on the S&P Europe Select ADR Index.From continental Europe, the gainers were led by 3D printer company Materialise (MTLS) and biopharmaceutical company Cellectis (CLLS), which rose 3.4% and 2% respectively. They were followed by telecommunications company Nokia (NOK) and petroleum refiner Equinor (EQNR), which were up 1.5% and 1% respectively.The decliners from continental Europe were led by furniture maker Natuzzi (NTZ) and consumer goods company Unilever (UL), which dropped 2.1% and 1.5% respectively. They were followed by pharmaceutical company Sanofi (SNY) and semiconductor company Sequans Communications (SQNS), which lost 1.3% each.The gainers from the UK were led by biopharmaceutical company Bicycle Therapeutics (BCYC) and lender Lloyds Banking Group (LYG), which advanced 3% and 2.2% respectively. They were followed by software firm Endava (DAVA) and educational publisher Pearson (PSO), which increased 2% and 1.4% respectively.The decliners from the UK and Ireland were led by biotech firm Trinity Biotech (TRIB) and medical device maker Smith & Nephew (SNN), which fell 5.4% each, and 3.5% respectively. They were followed by telecommunications operator Vodafone Group (VOD) and biopharmaceutical company Biodexa Pharmaceuticals (BDRX), which were down 3.8% and 3.5% respectively.

$BCYC$BDRX$CLLS$DAVA$EQNR$LYG$MTLS$NOK$NTZ$PSO$SNN$SNY$SQNS$TRIB$UL$VOD
Sectors

Sector Update: Financial Stocks Lean Lower Pre-Bell Tuesday

Financial stocks were leaning lower pre-bell Tuesday, with the State Street Financial Select Sector SPDR ETF (XLF) declining by 0.2%.The Direxion Daily Financial Bull 3X Shares (FAS) was down 0.9% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.8% higher.Lloyds Banking Group (LYG) is planning to increase its focus on workplace pensions to boost its wealth segment as part of its five-year strategy through 2030, Bloomberg reported, citing internal company documents and a source familiar with the matter. Shares of Lloyds Banking Group were up more than 1% premarket.BMO Financial (BMO) has agreed to acquire the Australia-based capital markets business of Euroz Hartleys, the company said. Shares of BMO were 0.9% higher pre-bell.HSBC Holdings (HSBC) is in discussions to sell its Turkish unit to Emirates NBD, Bloomberg News reported, citing people familiar with the matter. HSBC Holdings stock was up 0.3% premarket.

$BMO$FAS$FAZ$HSBC$LYG$XLF
Sectors

Sector Update: Financial

Financial stocks were leaning lower pre-bell Tuesday, with the State Street Financial Select Sector SPDR ETF (XLF) declining by 0.1%.The Direxion Daily Financial Bull 3X Shares (FAS) was down 0.4% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.7% higher.Lloyds Banking Group (LYG) is planning to increase its focus on workplace pensions to boost its wealth segment as part of its five-year strategy through 2030, Bloomberg reported, citing internal company documents and a source familiar with the matter. Shares of Lloyds Banking Group were up more than 1% premarket.

$LYG
Commodities

Exchange-Traded Funds Mixed, Equity Futures Lower Pre-Bell Ahead of Key Economic Reports

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up marginally, and the actively traded Invesco QQQ Trust (QQQ) retreated 0.1% in Tuesday's premarket activity as investors looked ahead to key economic data while concluding one of the strongest quarters for US equities in years.US stock futures were trending lower, with the S&P 500 Index futures, Dow Jones Industrial Average futures, and Nasdaq futures down slightly before the start of regular trading.The Case-Shiller Home Price Index and the Federal Housing Finance Agency House Price Index, both for April, will be released at 9 am ET.The Chicago purchasing managers' index for June is slated for a 9:45 am ET release, followed by the June consumer confidence report and May Job Openings and Labor Turnover Survey at 10 am.Cleveland Fed President Beth Hammack is scheduled to speak on Tuesday.In premarket action, bitcoin was down by 1.9%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 2% lower, Ether ETF (EETH) fell 2.9%, and Bitcoin & Ether Market Cap Weight ETF (BETH) retreated by 2.6%.Power Play:ConsumerThe State Street Consumer Staples Select Sector SPDR ETF (XLP) was steady, the Vanguard Consumer Staples Index Fund ETF Shares (VDC) was up 1%, and the iShares US Consumer Staples ETF (IYK) was inactive. The State Street Consumer Discretionary Select Sector SPDR ETF (XLY) lost 0.4%. The VanEck Retail ETF (RTH) and the State Street SPDR S&P Retail ETF (XRT) were inactive.Patrick Industries (PATK) shares were down more than 8% pre-bell, while LCI Industries (LCII) stock rose 2% after the companies said they have entered into a definitive agreement to merge in an all-stock transaction.Winners and Losers:FinancialThe State Street Financial Select Sector SPDR ETF (XLF) retreated by 0.1%. Direxion Daily Financial Bull 3X Shares (FAS) was down 0.4%, while its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), was 0.6% higher.Lloyds Banking Group (LYG) shares traded up over 1% in early hours activity after Bloomberg reported that the company is planning to increase its focus on workplace pensions to boost its wealth segment as part of its five-year strategy through 2030.HealthcareThe State Street Health Care Select Sector SPDR ETF (XLV) advanced marginally, the Vanguard Health Care Index Fund (VHT) increased 0.4%, and the iShares US Healthcare ETF (IYH) advanced by 0.9%. The iShares Biotechnology ETF (IBB) was 0.3% higher.BeOne Medicines' (ONC) stock was down slightly premarket, partially reversing the 3.6% gain at the previous close. The company said Brukinsa met its primary endpoint of progression-free survival in a phase 3 study evaluating the drug as a potential treatment in combination with rituximab for mantle cell lymphoma.IndustrialThe State Street Industrial Select Sector SPDR ETF (XLI) retreated 0.1%, while the Vanguard Industrials Index Fund (VIS) gained 0.5% and the iShares US Industrials ETF (IYJ) was inactive.Hafnia (HAFN) stock was down more than 1% before the opening bell after the company said that Mikael Skov will step down as chief executive officer, effective Sept. 1, and be succeeded by head of asset management Soren Jensen.TechnologyThe State Street Technology Select Sector SPDR ETF (XLK) advanced 0.1%, and the iShares US Technology ETF (IYW) was fractionally higher, and the iShares Expanded Tech Sector ETF (IGM) was up 0.1%. Among semiconductor ETFs, the State Street SPDR S&P Semiconductor ETF (XSD) increased 0.4%, while the iShares Semiconductor ETF (SOXX) rose 0.1%.Super Micro Computer (SMCI) shares were up 0.9% in premarket activity following an 8.1% drop at the prior close. The Financial Times reported that the company is cooperating with Taiwanese authorities after investigators searched its Taiwan office as part of a probe into suspected exports of Nvidia (NVDA) artificial intelligence servers to China in violation of trade restrictions. Nvidia stock was 0.7% higher.EnergyThe iShares US Energy ETF (IYE) was flat, while the State Street Energy Select Sector SPDR ETF (XLE) was up by 0.2%.Equinor (EQNR) stock was up 0.7% before market open after the company and Var Energi agreed to exchange natural gas assets on the Norwegian continental shelf.CommoditiesFront-month US West Texas Intermediate crude oil gained by 0.6% to $71.20 per barrel on the New York Mercantile Exchange. Natural gas advanced by 2.1% to $3.25 per 1 million British Thermal Units. The United States Oil Fund (USO) increased by 1.1%, while the United States Natural Gas Fund (UNG) was 3.3% higher.Gold futures for July were up by 0.2% to $4,045.30 an ounce on the Comex. Silver futures gained by 1.3% to $59.37 an ounce. SPDR Gold Shares (GLD) advanced by 0.1%, and the iShares Silver Trust (SLV) was 0.6% higher.

Dow JonesNasdaq CompositeS&P 500$BETH$BITO$EEM$EETH$EQNR$EXI$FAS$FAZ$GLD$HAFN$IBB$IGM$IGV$IPK$IVV$IWM$IYE$IYH$IYJ$IYK$IYW$LCII$LYG$NVDA$ONC$PATK$PMR$QQQ$RTH$SLV$SMCI$SOXX$SPY$UNG$USO$VDC$VHT$VIS$XLE$XLF$XLI$XLK$XLP$XLV$XLY$XRT$XSD
Asia Markets

European Equities Traded in US as ADRs Rise in Thursday Trading

European equities traded in the US as American depositary receipts rose late Thursday morning with the S&P Europe Select ADR Index gaining 1.3% to 1,893.21.From continental Europe, the gainers were led by biopharmaceutical companies argenx (ARGX) and DBV Technologies (DBVT), which rose 4.2% and 3.5%, respectively. They were followed by biopharmaceutical company Cellectis (CLLS) and health tech company Royal Philips (PHG), which were up 3.2% and 2.7%, respectively.The decliners from continental Europe were led by internet advertising firm Criteo (CRTO) and medical device maker EDAP TMS (FOCL), which dropped 2.7% and 2.6%, respectively. They were followed by biotech firm Evaxion (EVAX) and oil and gas company Eni (E), which were down 2.4% and 1.7%, respectively.The gainers from the UK were led by pharmaceutical company Silence Therapeutics (SLN) and lender Lloyds Banking Group (LYG), which advanced 8.8% and 2.8%, respectively. They were followed by lender Barclays (BCS) and insurance company Prudential (PUK), which increased 2.6% and 2.5%, respectively.The decliners from the UK and Ireland were led by biotech firm Trinity Biotech (TRIB) and software company Endava (DAVA), which fell 3.5% and 3%, respectively. They were followed by oil and gas company Shell (SHEL), which was off 0.4%.

$ARGX$BCS$CLLS$CRTO$DAVA$DBVT$E$EVAX$FOCL$LYG$PHG$PUK$SHEL$SLN$TRIB
Sectors

Sector Update: Financial Stocks Higher Late Afternoon

Financial stocks were advancing in late Monday afternoon trading, with the NYSE Financial Index rising 0.6% and the State Street Financial Select Sector SPDR ETF (XLF) increasing 0.5%.The Philadelphia Housing Index shed 1.1%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) gained 1.3%.Bitcoin (BTC-USD) was adding 0.3% to $64,280, and the yield for 10-year US Treasuries rose 5.8 basis points to 4.509%.In corporate news, Carlyle (CG) is working with its portfolio managers to proactively evaluate and then possible de-risk assets from weather-related damages, Bloomberg reported. Carlyle shares were down 0.3%.Morgan Stanley (MS) has identified two sites within the city of Dallas for a phased approach to establishing a large-scale operational hub, according to a city document. Morgan Stanley shares rose 1.8%.Lloyds (LYG) is preparing for a potential bid to buy Aldermore, which has been put up for sale by its parent company FirstRand Group, Sky News reported. Lloyds shares climbed up 3.5%.Robinhood (HOOD) shares fell 2.2% after the company said it plans to offer $2 billion worth of convertible senior notes due 2029 in a private placement.

$CG$HOOD$LYG$MS
Sectors

Sector Update: Financial Stocks Rise in Afternoon Trading

Financial stocks were advancing in Monday afternoon trading, with the NYSE Financial Index rising 0.8% and the State Street Financial Select Sector SPDR ETF (XLF) increasing 0.6%.The Philadelphia Housing Index was down 0.4%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) gained 1.6%.Bitcoin (BTC-USD) was adding 0.8% to $64,585, and the yield for 10-year US Treasuries was rising 5.8 basis points to 4.509%.In corporate news, Morgan Stanley (MS) has identified two sites within the city of Dallas for a phased approach to establishing a large-scale operational hub, according to a city document. Morgan Stanley shares rose 1.8%.Lloyds (LYG) is preparing for a potential bid to buy Aldermore, which has been put up for sale by its parent company FirstRand Group, Sky News reported. Lloyds shares climbed 3.3%.Robinhood (HOOD) shares fell 1.3% after the company said it plans to offer $2 billion worth of convertible senior notes due 2029 in a private placement.

$HOOD$LYG$MS
Wire

Market Chatter: Lloyds Banking Group Mulls Acquisition of FirstRand's Aldermore Unit

Lloyds Banking Group (LYG) is preparing for a potential bid to acquire Aldermore, which has been put up for sale by its parent company FirstRand Group, Sky News reported Monday, citing sources familiar with the matter.The report said Lloyds is considering the transaction because of Aldermore's small business lending and project finance capabilities, but noted that a formal bid is not guaranteed.Lloyds Banking Group and FirstRand Group did not immediately respond to' requests for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $5.76, Change: $+0.22, Percent Change: +3.97%

$LYG
Asia Markets

European Equities Traded in the US as American Depositary Receipts Rise in Monday Trading

European equities traded in the US as American depositary receipts started the week higher late Monday morning, advancing 0.61% to 1,903.57 on the S&P Europe Select ADR Index.From continental Europe, the gainers were led by pharmaceutical company Novo Nordisk (NVO) and telecommunications company Nokia (NOK), which rose 4.5% and 4.2% respectively. They were followed by internet browser company Opera (OPRA) and biopharmaceutical company DBV Technologies (DBVT), which were up 2.8% and 1.8% respectively.The decliners from continental Europe were led by biopharmaceutical company Cellectis (CLLS) and pharmaceutical company Sanofi (SNY), which fell 5% and 2.8% respectively. They were followed by internet advertising firm Criteo (CRTO) and semiconductor company Sequans Communications (SQNS), which were down 2.6% and 2.4% respectively.The gainers from the UK were led by pharmaceutical company Silence Therapeutics (SLN) and biopharmaceutical company Amarin (AMRN), which advanced 5.7% and 4.6% respectively. They were followed by lenders Lloyds Banking Group (LYG) and Barclays (BCS), which increased 4% and 3.8% respectively.The decliners from the UK and Ireland were led by biopharmaceutical company NuCana (NCNA) and mining company BHP Group (BHP), which lost 3.1% and 2% respectively. They were followed by telecommunications operator Vodafone Group (VOD) and medical device maker Smith & Nephew (SNN), which dropped 1.8% and 0.8% respectively.

$AMRN$BCS$BHP$CLLS$CRTO$DBVT$LYG$NCNA$NOK$NVO$OPRA$SLN$SNN$SNY$SQNS$VOD
Asia Markets

European Equities Traded in the US as American Depositary Receipts Slightly Higher in Tuesday Trading

European equities traded in the US as American depositary receipts were marginally higher Tuesday morning, edging up 0.14% to 1,914.32 on the S&P Europe Select ADR Index.From continental Europe, the gainers were led by accommodations booking company trivago (TRVG) and lender Banco Bilbao Vizcaya Argentaria (BBVA), which climbed 8.8% and 2.3%, respectively. They were followed by biopharmaceutical company Cellectis (CLLS) and lender ING (ING), which increased 2.2% and 1.9%, respectively.The decliners from continental Europe were led by telecommunications firm Nokia (NOK) and biopharmaceutical firm DBV Technologies (DBVT), which dropped 4.9% and 3.9%, respectively. They were followed by internet ad firm Criteo (CRTO) and telecommunications company Ericsson (ERIC), which were both down 3.2%.The gainers from the UK were led by lenders HSBC (HSBC) and Barclays (BCS), which rose 2.1% and 1.8%, respectively. They were followed by lender Lloyds Banking Group (LYG) and hospitality company InterContinental Hotels Group (IHG), which were up 1.3% each.The decliners from the UK and Ireland were led by biotech firm Trinity Biotech (TRIB) and biopharmaceutical firm Bicycle Therapeutics (BCYC), which fell 7.4% and 2.7%, respectively. They were followed by biotech company Autolus Therapeutics (AUTL) and biopharmaceutical company Biodexa Pharmaceuticals (BDRX), which lost 1.7% and 1.6% respectively.

$AUTL$BBVA$BCS$BCYC$BDRX$CLLS$CRTO$DBVT$ERIC$HSBC$IHG$ING$LYG$NOK$TRIB$TRVG
Sectors

Sector Update: Financial Stocks Edge Higher Premarket Tuesday

Financial stocks were edging higher premarket Tuesday, with the State Street Financial Select Sector SPDR ETF (XLF) advancing by 0.2%.The Direxion Daily Financial Bull 3X Shares (FAS) was up 0.8% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.8% lower.Swiss lawmakers are considering proposals that would reduce the capital burden facing UBS Group (UBS) under planned banking reforms introduced after the collapse of Credit Suisse, Reuters reported, citing sources. Shares of UBS Group were up more than 2% pre-bell.Interactive Brokers (IBKR) stock was up 0.8% after the company launched commission-free ETFs within its recurring investment feature for eligible investors in the European Economic Area.Lloyds Banking (LYG) has launched Lloyds Accept, a new payments platform for UK small businesses, using Stripe infrastructure, Stripe said. Lloyds Banking shares were up more than 1% premarket.

$FAS$FAZ$IBKR$LYG$UBS$XLF
Asia Markets

European Equities Traded in the US as American Depositary Receipts Little Changed in Thursday Trading

European equities traded in the US as American depositary receipts were tracking marginally lower late Thursday morning to 1,863.63 on the S&P Europe Select ADR Index.From continental Europe, the gainers were led by telecommunications company Nokia (NOK) and oil and gas company Eni (E), which rose 3.7% each. They were followed by medical device maker EDAP TMS (EDAP) and petroleum reformer Equinor (EQNR), which were up 1.3% and 0.7% respectively.The decliners from continental Europe were led by semiconductor company Sequans Communications (SQNS) and pharmaceutical company Novo Nordisk (NVO), which decreased 2.6% each. They were followed by software firm SAP (SAP) and biopharmaceutical company DBV Technologies (DBVT), which were down 2.1% and 1% respectively.The gainers from the UK were led by biopharmaceutical company Akari Therapeutics (AKTX) and utilities company National Grid (NGG), which advanced 5.4% and 1.4% respectively. They were followed by tobacco company British American Tobacco (BTI) and biotech company Autolus Therapeutics (AUTL), which increased 1.3% and 0.9% respectively.The decliners from the UK and Ireland were led by software company Endava (DAVA) and telecommunications operator Vodafone Group (VOD), which lost 15.5% and 2.1% respectively. They were followed by biopharmaceutical company NuCana (NCNA) and lender Lloyds Banking Group (LYG), which were off 2% and 1.2% respectively.

$AKTX$AUTL$BTI$DAVA$DBVT$E$EDAP$EQNR$LYG$NCNA$NGG$NOK$NVO$SAP$SQNS$VOD
Asia Markets

European Equities Traded in US as ADRs Rise in Wednesday Trading

European equities traded in the US as American depositary receipts rose Wednesday with the S&P Europe Select ADR Index gaining 1.9% to 1,858.59.From continental Europe, the gainers were led by lender Banco Bilbao Vizcaya Argentaria (BBVA) and biopharmaceutical company Grifols (GRFS), which rose 3.5% and 3.3%, respectively. They were followed by pharmaceutical company Sanofi (SNY) and medical device maker EDAP TMS (EDAP), which were up 2.4% and 0.6%, respectively.The decliners from continental Europe were led by petroleum refiner Equinor (EQNR) and telecommunications company Nokia (NOK), which fell 3% and 1.4%, respectively. They were followed by internet advertising firm Criteo (CRTO) and software company SAP (SAP), which were down 1% and 0.9%, respectively.The gainers from the UK were led by pharmaceutical company Silence Therapeutics (SLN) and biopharmaceutical company Biodexa Pharmaceuticals (BDRX), which climbed 7.1% and 4%, respectively. They were followed by lenders Barclays (BCS) and Lloyds Banking Group (LYG), which each rose 3.4%.The decliners from the UK and Ireland were led by oil and gas companies BP (BP) and Shell (SHEL), which lost 1.3% and 1%, respectively. They were followed by biotech firm Trinity Biotech (TRIB) and tobacco company British American Tobacco (BTI), down 0.9% and 0.5%, respectively.

$BBVA$BCS$BDRX$BP$BTI$CRTO$EDAP$EQNR$GRFS$LYG$NOK$SAP$SHEL$SLN$SNY$TRIB
Sectors

Sector Update: Financial Stocks Decline Late Afternoon

Financial stocks were lower in late Tuesday afternoon trading, with the NYSE Financial Index decreasing 0.5% and the State Street Financial Select Sector SPDR ETF (XLF) shedding 1.1%.The Philadelphia Housing Index was falling 1.9%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was up 0.2%.Bitcoin (BTC-USD) was decreasing 0.2% to $76,806, and the yield for 10-year US Treasuries rose 4.4 basis points to 4.667%.In economic news, US pending home sales increased more than expected last month as home buyers apparently shrugged off mounting economic uncertainty. The forward-looking indicator of home sales based on contract signings increased 1.4% month over month in April, the National Association of Realtors said Tuesday. Analysts expected a 1% gain, according to a survey compiled by Bloomberg.In corporate news, Hanover Insurance (THG) shares fell 2.2% after BMO downgraded the company's stock to market perform from outperform.Blackstone (BX) shares were down 2.3% after Bloomberg reported Tuesday the company has dropped out of a consortium exploring a takeover of German media group Stroeer. Separately, Blackstone said late Monday it is forming a US-based joint venture with Alphabet's (GOOGL) Google to provide AI-focused data center capacity and cloud computing services. Blackstone said it will invest $5 billion in equity initially for the JV, which plans to bring its first 500 megawatts of capacity online in 2027 and expand further over time.Blue Owl (OWL) Co-Founder Doug Ostrover is selling his stake in the NFL's Washington Commanders back to the Josh Harris-led ownership group, Bloomberg reported. Blue Owl shares fell 1%.Lloyds Banking (LYG) is preparing to expand its US infrastructure financing business, including lending tied to the fast-growing data center sector, the Financial Times reported. The UK lender is aiming to build a US infrastructure bank focused on large construction projects and sectors such as green energy, while supporting UK corporate clients with US operations, the report said. Lloyds shares were fractionally lower.

$BX$LYG$OWL$THG
Wire

Sector Update: Financial Stocks Lower Tuesday Afternoon

Financial stocks declined in Tuesday afternoon trading, with the NYSE Financial Index decreasing 0.3% and the State Street Financial Select Sector SPDR ETF (XLF) off 0.5%.The Philadelphia Housing Index was falling 1.3%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was up 0.4%.Bitcoin (BTC-USD) was fractionally lower at $76,933, and the yield for 10-year US Treasuries was up 3 basis points at 4.65%.In economic news, US pending home sales increased more than expected last month as home buyers apparently shrugged off mounting economic uncertainty. The forward-looking indicator of home sales based on contract signings increased 1.4% month over month in April, the National Association of Realtors said Tuesday. Analysts expected a 1% gain, according to a survey compiled by Bloomberg.In corporate news, Blackstone (BX) shares were down 1.3% after Bloomberg reported Tuesday the company has dropped out of a consortium exploring a takeover of German media group Stroeer. Separately, Blackstone said late Monday it is forming a US-based joint venture with Alphabet's (GOOGL) Google to provide AI-focused data center capacity and cloud computing services. Blackstone said it will invest $5 billion in equity initially for the JV, which plans to bring its first 500 megawatts of capacity online in 2027 and expand further over time.Lloyds Banking (LYG) is preparing to expand its US infrastructure financing business, including lending tied to the fast-growing data center sector, the Financial Times reported. The UK lender is aiming to build a US infrastructure bank focused on large construction projects and sectors such as green energy, while supporting UK corporate clients with US operations, the report said. Lloyds shares rose 0.9%.Blue Owl (OWL) Co-Founder Doug Ostrover is selling his stake in the NFL's Washington Commanders back to the Josh Harris-led ownership group, Bloomberg reported. Blue Owl edged up 0.1%.

$BX$LYG$OWL

Showing 1-20 of 27

Track with the FINWIRES app suite