Financial stocks were higher in Wednesday afternoon trading, with the NYSE Financial Index rising 0.5% and the Financial Select Sector SPDR Fund (XLF) adding 0.4%.
The Philadelphia Housing Index was up 0.2%, while the Real Estate Select Sector SPDR Fund (XLRE) eased 0.2%.
Bitcoin (BTC-USD) was increasing 1.8% to $115,376, and the yield for 10-year US Treasuries rose 4.3 basis points to 4.24%.
In corporate news, Payoneer Global (PAYO) provided an upbeat full-year revenue outlook Wednesday amid easing tariff concerns, while the digital payments company reported mixed Q2 results. Its shares jumped nearly 12%.
Banco Santander's (SAN) proposed acquisition of UK-based bank TSB has received approval from Banco Sabadell shareholders, Sabadell said Wednesday. Santander shares climbed 2%.
TPG (TPG) shares popped 5.2% after it reported a narrowed Q2 net loss as revenue increased during the period. TPG also raised its quarterly dividend.
Carlyle (CG) stock gained 4.1% after it posted higher Q2 after-tax distributable earnings and total revenue.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.