SPY424.31+0.70 0.17%
DIA345.12+0.14 0.04%
IXIC14,069.42+49.09 0.35%

Sector Update: Financial

05/07/2021 11:47

03:35 PM EDT, 05/07/2021 (MT Newswires) -- Financial stocks remain moderately higher Friday afternoon, with the NYSE Financial Index rising 0.6% while the SPDR Financial Select Sector ETF was ahead 0.5%. The Philadelphia Housing Sector Index also was climbing 2.0% and the SPDR Real Estate Select Sector ETF was up 1.2%. In company news, B Riley Financial (RILY) climbed 6.5% after the broker's B Riley Principal 250 Merger Corp (BRIVU) blank-check company Friday priced its initial public offering of 15 million units at $10 per unit. B Riley Principal units were little changed shortly before Friday's closing bell.