Top Financial Stocks:
Financial stocks continue its climb as the market nears closing, with a 1.2% rise for the NYSE Financial Index, while shares of financial companies in the S&P 500 were rising about 1.6%. The Philadelphia Housing Index was rising 1%.
Financial stocks moving on news include:
(+) AssetMark Financial Holdings (AMK), which was up 3% after posting Q2 adjusted net income of $0.25 per share, beating the average estimate of $0.23 per share compiled by Capital IQ.
In other sector news:
(+) Toronto Dominion Bank (TD) was slightly higher as it reported fiscal Q3 adjusted earnings of C$1.79 ($1.35) per share, up from C$1.66 per share in the same period a year ago, but just shy of the C$1.80 estimate from analysts polled by Capital IQ.
(+) Noah Holdings (NOAH) was up slightly after saying its Q2 non-GAAP earnings were RMB4.25 per ADS, or $0.59, rising from RMB4.12 per ADS a year ago amid higher net revenue in the period.