Sector Update: Financial

MT newswire2026/10/29 19:36

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03:36 PM EDT, 10/29/2026 (MT Newswires) -- Financial stocks were advancing in late Thursday afternoon trading, with the NYSE Financial Index rising 1.3% and the State Street Financial Select Sector SPDR ETF (XLF) adding 1.4%. The Philadelphia Housing Index was climbing 2.6%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was up 2.2%. Bitcoin (BTC-USD) was shedding 0.6% to $80,791, and the yield for 10-year US Treasuries fell 5.6 basis points to 4.989%. In corporate news, Carlyle (CG) has agreed to sell a majority stake in Wyyerd to Oak Hill Capital, Oak Hill Capital said Thursday. Carlyle shares were up 3.4%.

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Goldman Sachs Volatility Panic Index surged to 9.57, approaching its maximum value, with the largest single-day increase ranking third in history, and the combined two-day volatility setting a new record. Historical data shows that after this index has exceeded the 9.5 threshold 15 times, the S&P 500 has seen an average three-month gain of 4.6% with a success rate of 80%. However, Goldman Sachs traders warn that forced liquidations have not yet fully cleared, and the market is still searching for a bottom, but opportunities on the other side are becoming increasingly difficult to ignore.

华尔街见闻•2026/11/07 07:31