Sector Update: Financial

03:40 PM EDT, 10/19/2026 (MT Newswires) -- Financial stocks declined in late Monday afternoon trading, with the NYSE Financial Index and the State Street Financial Select Sector SPDR ETF (XLF) each shedding 0.8%. The Philadelphia Housing Index was falling 1.4%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was declining 1.2%. Bitcoin (BTC-USD) was up 1.3% to $81,905, and the yield for 10-year US Treasuries rose five basis points to 5.15%. In corporate news, BlackRock (BLK) is among investors taking anchor stakes in Jio Platforms' $3.2 billion initial public offering, Bloomberg reported. BlackRock shares were down 0.7%.