Shares of banks and other financial institutions ticked up as traders hedged their bets on the outlook for growth in the sector.

Shares of Dave rose after the company posted its second consecutive quarterly profit and kept up new member acquisition.

Sexual harassment, bullying and discrimination have long pervaded the Federal Deposit Insurance Corp., with perpetrators often receiving reassignments and even promotions, according to a blistering report on the agency's culture that calls into question the leadership of Chairman Martin Gruenberg.

Ambac Financial Group shares rallied after the provider of bond and other specialty insurance posted quarterly earnings ahead of Wall Street expectations.


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

(END) Dow Jones Newswires

05-07-24 1750ET