After the morning's trading, the Nasdaq has declined 0.4%, the S&P 500 has been relatively flat and the Dow has decreased 0.1%. The financial sector is the category of stocks containing firms that provide financial services to commercial and retail customers. This sector includes banks, investment funds, insurance companies and real estate. Financial services perform best in low interest rate environments. A large portion of this sector generates revenue from mortgages and loans, which gain value as interest rates drop. Furthermore, when the business cycle is in an upswing, the financial sector benefits from additional investments. Improved economic conditions usually lead to more capital projects and increased personal investing. New projects require financing, which usually leads to a larger number of loans.

While the market overall has shown little change, the Financial sector (XLF) is up 0.6% and its current biggest movers are:

Company Market Cap Percentage Change
NYSE (NYSE:NYX) $5.84 billion +32.7%
Disco (NYSE:DFS) $20.07 billion -4.4%
iShares Silver Trust (NYSE:SLV) $9.87 billion -4.4%
CBOE Holdings (Nasdaq:CBOE) $2.58 billion +4.3%
ProLogis (NYSE:PLD) $16.43 billion +2.7%
CME (Nasdaq:CME) $17.55 billion -2.6%
Lazard (NYSE:LAZ) $3.96 billion -2.3%

Broker Summary: Charles Schwab Online Brokerage

NYSE (NYSE:NYX) rose a significant 32.7% to reach $31.92 per share. The company is currently trading a volume of 49 million shares.

Disco (NYSE:DFS) has decreased to $38.01 per share, a 4.4% fall. At 6.4 million shares, the company's volume so far today is 1.3 times the average daily volume.

iShares Silver Trust (NYSE:SLV) has fallen 4.4% and is currently trading at $28.80 per share. The company is trading at a volume of 18.5 million shares. Yesterday's volume was only 12.9 million shares.

CBOE Holdings (Nasdaq:CBOE) is currently trading at $30.79 per share, a 4.3% increase. The company's volume is currently 649,913 shares for the day, 1.2 times the current three-month average.

ProLogis (NYSE:PLD) has increased to a share price of $36.62, a 2.7% rise. So far today, the company's volume is 1.2 million shares.

Slipping 2.6%, CME (Nasdaq:CME) is currently trading at $51.27 per share. At 2.2 million shares, the company's volume so far today is 0.7 times the average daily volume.

Currently trading at $30.75 per share, Lazard (NYSE:LAZ) has fallen 2.3%. The company's volume is currently 128,400 shares. At this rate, trading activity will likely be down from yesterday when 1.1 million shares changed hands.

The Bottom Line No matter the economic climate, Wall Street will always have stocks that make major moves each week. Daily stock performance should be weighed against historical performance and put in context of the market overall. Keep in mind that all these ratios should be compared against historical numbers and industry information in order to get a more complete picture.

Related Articles
  1. Chart Advisor

    Now Could Be The Time To Buy IPOs

    There has been lots of hype around the IPO market lately. We'll take a look at whether now is the time to buy.
  2. Stock Analysis

    Allstate: How Being Boring Earns it Billions (ALL)

    A summary of what Allstate Insurance sells and whom it sells it to including recent mergers and acquisitions that have helped boost its bottom line.
  3. Economics

    Long-Term Investing Impact of the Paris Attacks

    We share some insights on how the recent terrorist attacks in Paris could impact the economy and markets going forward.
  4. Chart Advisor

    Copper Continues Its Descent

    Copper prices have been under pressure lately and based on these charts it doesn't seem that it will reverse any time soon.
  5. Options & Futures

    Cyclical Versus Non-Cyclical Stocks

    Investing during an economic downturn simply means changing your focus. Discover the benefits of defensive stocks.
  6. Mutual Funds & ETFs

    Buying Vanguard Mutual Funds Vs. ETFs

    Learn about the differences between Vanguard's mutual fund and ETF products, and discover which may be more appropriate for investors.
  7. Mutual Funds & ETFs

    ETFs Vs. Mutual Funds: Choosing For Your Retirement

    Learn about the difference between using mutual funds versus ETFs for retirement, including which investment strategies and goals are best served by each.
  8. Mutual Funds & ETFs

    How to Reinvest Dividends from ETFs

    Learn about reinvesting ETF dividends, including the benefits and drawbacks of dividend reinvestment plans (DRIPs) and manual reinvestment.
  9. Investing Basics

    How to Deduct Your Stock Losses

    Held onto a stock for too long? Selling at a loss is never ideal, but it is possible to minimize the damage. Here's how.
  10. Mutual Funds & ETFs

    Best 3 Vanguard Funds that Track the Top 500 Companies

    Discover the three Vanguard funds tracking the S&P 500 Index, and learn about the characteristics and historical statistics of these funds.
  1. Should mutual funds be subject to more regulation?

    Mutual funds, when compared to other types of pooled investments such as hedge funds, have very strict regulations. In fact, ... Read Full Answer >>
  2. Do ETFs pay capital gains?

    Exchange-traded funds (ETFs) can generate capital gains that are transferred to shareholders, typically once a year, triggering ... Read Full Answer >>
  3. How do real estate hedge funds work?

    A hedge fund is a type of investment vehicle and business structure that aggregates capital from multiple investors and invests ... Read Full Answer >>
  4. Are Vanguard ETFs commission-free?

    While some Vanguard exchange-traded funds (ETFs) are available commission-free from third-party brokers, a large portion ... Read Full Answer >>
  5. Do Vanguard ETFs require a minimum investment?

    Vanguard completely waives any U.S. dollar minimum amounts to buy its exchange-traded funds (ETFs), and the minimum ETF investment ... Read Full Answer >>
  6. Can mutual fund expense ratios be negative?

    Mutual fund expense ratios cannot be negative. An expense ratio is the sum total of all fees charged by an asset management ... Read Full Answer >>

You May Also Like

Trading Center