Sector Update: Financial Stocks Mixed Tuesday Afternoon

01:38 PM EDT, 10/13/2026 (MT Newswires) -- Financial stocks were mixed in Tuesday afternoon trading with the NYSE Financial Index steady and the State Street Financial Select Sector SPDR ETF (XLF) declining 0.1%. The Philadelphia Housing Index rose 0.3%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was little changed. Bitcoin (BTC-USD) rose 0.9% to $83,110, and the yield for 10-year US Treasuries fell 2 basis points to 5.22%. In economic news, the International Monetary Fund raised its 2026 global growth forecast as strong investments in AI help offset disruptions from the Middle East war, though the agency warned that economic resilience is under strain and the outlook faces downside risks. In corporate news, Goldman Sachs' (GS) Q3 results topped Wall Street's estimates as equity revenue soared, while an uptick in deal activity pushed advisory revenue to a record. The shares rose 0.4%. Wells Fargo (WFC) reported higher-than-expected Q3 earnings, though revenue fell short of market projections amid disappointing net interest income. The shares fell 1.6%. JPMorgan Chase's (JPM) Q3 results missed market expectations amid investment securities losses in its corporate business, while client activity in markets and investment banking moderated. The stock rose 0.3%.