Sector Update: Financial

01:38 PM EDT, 10/27/2026 (MT Newswires) -- Financial stocks were slightly lower in Tuesday afternoon trading, with the NYSE Financial Index decreasing 0.2% and the State Street Financial Select Sector SPDR ETF (XLF) easing 0.1%. The Philadelphia Housing Index shed 0.4%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) fell 1%. Bitcoin (BTC-USD) was increasing 0.8% to $80,665, and the yield for 10-year US Treasuries was slightly higher at 4.993%. In corporate news, Ares Capital (ARCC) will buy MidCap Financial Investment (MFIC) in a stock-and-cash deal with a total enterprise value of around $2.6 billion, the companies said Tuesday. Ares Capital shares rose 0.4%, and MidCap Financial surged 23%.