Sector Update: Financial
MT newswire2026/10/06 17:2201:22 PM EDT, 10/06/2026 (MT Newswires) -- Financial stocks were advancing in Tuesday afternoon trading, with the NYSE Financial Index rising 0.5% and the State Street Financial Select Sector SPDR ETF (XLF) up 0.2%. The Philadelphia Housing Index was climbing 1.9%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) added 1.1%. Bitcoin (BTC-USD) shed 0.2% to $85,540, and the yield for 10-year US Treasuries decreased 3 basis points to 5.28%. In corporate news, Ares Management (ARES) will recover only about 50% of the money it invested in TalkTalk after BT Group agreed to buy the telecommunications firm out of insolvency, Bloomberg reported. Ares shares were up 1%.
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