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US78378X1072

Market Closed - USA 05:08:37 2024-06-10 pm EDT			Pre-market 08:16:07 am
5,361 ^PTS	+0.26%		5,350	-0.20%

01:07pm	Stocks Fall Pre-Bell Ahead of Fed Policy Meeting; Asia Churns, Europe Down	MT
12:40pm	US Equity Futures Drop With Treasury Yields While Volatility Index Jumps in Early Activity Tuesday	MT

Financials Gain After Travelers Earnings -- Financials Roundup

January 19, 2024 at 05:34 pm EST

Shares of banks and other financial institutions rose, turning positive for 2024, after strong earnings from one insurer.

Travelers shares rallied after the property-and-casualty insurer's fourth-quarter earnings surpassed Wall Street targets, as catastrophes took less of a toll than feared.

The SPDR Select Sector Financial exchange-traded fund, which tracks the financial industry group of the S&P 500, rose by roughly 2%, and is now up by roughly 0.4% for the year to date.

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

01-19-24 1733ET

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Rankings

Highest S&P 500 increases
CONSTELLATION ENERGY CORPORATION	+8.40%
SOUTHWEST AIRLINES CO.	+7.03%
ENPHASE ENERGY, INC.	+6.45%
FIRST SOLAR, INC.	+4.66%
LAM RESEARCH CORPORATION	+4.19%

The sharpest declines in S&P 500.
V.F. CORPORATION	-3.09%
MONSTER BEVERAGE CORPORATION	-3.21%
ILLUMINA, INC.	-3.41%
AMD (ADVANCED MICRO DEVICES)	-4.49%
HUNTINGTON BANCSHARES INCORPORATED	-6.12%