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Sector Update: Financial

Sector Update: Financial

MT newswireMT newswire2026/09/16 17:28
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01:28 PM EDT, 09/16/2026 (MT Newswires) -- Financial stocks were lower in Wednesday afternoon trading, with the NYSE Financial Index down 0.4% and the State Street Financial Select Sector SPDR ETF (XLF) off 0.6%. The Philadelphia Housing Index was fractionally higher, and the State Street Real Estate Select Sector SPDR ETF (XLRE) added 0.4%. Bitcoin (BTC-USD) was increasing 0.1% to $75,648, and the yield for 10-year US Treasuries was shedding 3.7 basis points to 4.959%. In corporate news, American Savings Bank (ASBH) shares rose in their debut on the New York Stock Exchange Wednesday. The shares were trading at $17.01, up 6.3%.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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