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Sector Update: Financial

Sector Update: Financial

MT newswireMT newswire2026/09/29 17:30
01:30 PM EDT, 09/29/2026 (MT Newswires) -- Financial stocks were lower in Tuesday afternoon trading, with the NYSE Financial Index decreasing 0.7% and the State Street Financial Select Sector SPDR ETF (XLF) off 0.6%. The Philadelphia Housing Index was falling 1.1%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was down 0.5%. Bitcoin (BTC-USD) was declining 1% to $83,089, and the yield for 10-year US Treasuries was rising 4 basis points to 5.29%. In corporate news, Fair Isaac (FICO) shares fell past 25% after US Federal Housing Finance Agency Director Bill Pulte said late Monday on X that VantageScore will join the existing FICO classic mortgage pricing grid. Vantage Score is operated by VantageScore Solutions, a private joint venture owned by Equifax (EFX), Experian and TransUnion (TRU). Equifax and TransUnion shares were down 3.9% and 4.7% respectively.
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