Sector Update: Financial

01:35 PM EDT, 10/01/2026 (MT Newswires) -- Financial stocks were lower in Thursday afternoon trading, with the NYSE Financial Index falling 1% and the State Street Financial Select Sector SPDR ETF (XLF) off 0.2%. The Philadelphia Housing Index was easing 0.1%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was shedding 0.6%. Bitcoin (BTC-USD) was rising 1.4% to $84,680, and the yield for 10-year US Treasuries was falling 7 basis points to 5.22%. In corporate news, Blackstone (BX) said it has launched defense technology firm Falcata through the acquisition and combination of TSC and Applied Systems Engineering. Shares were up 0.6%.