Dj Moody's Ratings Assigns A Provisional Rating To One Class Of Notes To Be Issued By Carlyle Us Clo 2024-6, Ltd

Financial stocks fell in Tuesday afternoon trading with the NYSE Financial Index down 0.8% and the Financial Select Sector SPDR Fund (XLF) off 0.4%.

The Philadelphia Housing Index dropped 2.2%, and the Real Estate Select Sector SPDR Fund (XLRE) declined 1%.

Bitcoin (BTC/USD) was slightly higher at $88,586, and the yield for 10-year US Treasuries jumped 12 basis points to 4.43%.

In economic news, the National Federation of Independent Business's monthly Small Business Optimism Index rose to 93.7 in October from 91.5 in September and 90.7 a year earlier.

In corporate news, ACNB received all regulatory approvals required for the all-stock acquisition of OTC-listed Traditions Bancorp. ACNB shares fell 1.3%.

Carlyle is considering an initial public offering or sale of Flender, a Germany-based mechanical and electrical drive technology provider, Bloomberg reported. Carlyle shares fell 2.7%.

Morgan Stanley Expansion Capital-managed funds invested $20 million in financial and payment infrastructure service provider NovoPayment. Morgan Stanley shares dropped 0.9%.

Financial stocks were leaning lower pre-bell Tuesday as the Financial Select Sector SPDR Fund declined by 0.1% recently.

The Direxion Daily Financial Bull 3X Shares was down 0.2% and its bearish counterpart Direxion Daily Financial Bear 3X Shares was 0.2% higher.

UP Fintech Holding shares were down more than 2% after the company reported higher Q3 adjusted earnings and revenue.

Blackstone Secured Lending Fund shares were up 0.5% after the company reported an increase in Q3 total investment income.

Carlyle Group is considering an initial public offering or sale of Flender, a Germany-based mechanical and electrical drive technology provider, as it looks to exit the business, Bloomberg reported, citing people familiar with the matter. Carlyle Group shares were down 0.3% premarket.