Sector Update: Financial Stocks Rise Monday Afternoon

01:54 PM EDT, 10/12/2026 (MT Newswires) -- Financial stocks rose in Monday afternoon trading with the NYSE Financial Index and the State Street Financial Select Sector SPDR ETF (XLF) each adding 0.7%. The Philadelphia Housing Index eased 0.1%, and the State Street Real Estate Select Sector gained 0.6%. Bitcoin (BTC-USD) fell 1.6% to $82,366, and the yield for 10-year US Treasuries was steady at 5.24%. In corporate news, JPMorgan Chase's (JPM) asset-management unit aims to double its assets under management in Europe to $2 trillion over the next five years, the Financial Times reported Sunday. JPMorgan shares rose 0.4%. TotalEnergies (TTE) and KKR (KKR) have signed a $1.2 billion enterprise value agreement to add 700 megawatts to the solar power generation joint venture they created in the US last year. KKR shares added 0.2%. Service Properties Trust (SVC) shares fell 16% after the company confirmed it has received an unsolicited proposal from TKO to buy its hospitality portfolio for $2 billion in cash.