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Sector Update: Financial

Sector Update: Financial

MT newswireMT newswire2026/10/15 17:17
01:17 PM EDT, 10/15/2026 (MT Newswires) -- Financial stocks were advancing in Thursday afternoon trading, with the NYSE Financial Index rising 1% and the State Street Financial Select Sector SPDR ETF (XLF) ahead 1.1%. The Philadelphia Housing Index was climbing 3.2%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was up 1.3%. Bitcoin (BTC-USD) was increasing 0.7% to $82,147, and the yield for 10-year US Treasuries was dropping 11 basis points to 5.09%. In corporate news, Charles Schwab (SCHW) reported Q3 revenue just below Wall Street's estimates on Thursday, while the financial services provider expects its full-year topline to grow at the lower end of its previously issued guidance. Its shares were down 2.7%.
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