Sector Update: Financial

01:21 PM EST, 11/10/2026 (MT Newswires) -- Financial stocks were advancing in Tuesday afternoon trading, with the NYSE Financial Index up 0.2% and the State Street Financial Select Sector SPDR ETF (XLF) ahead 0.4%. The Philadelphia Housing Index was falling 2.3%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) eased 0.1%. Bitcoin (BTC-USD) was falling 2.8% to $73,223, and the yield for 10-year US Treasuries was rising 14 basis points to 5.01%. In economic news, the US seasonally adjusted consumer price index rose 0.4% in October, above expectations for a 0.3% increase and following a 0.6% gain in September, according to data released by the Bureau of Labor Statistics. Core CPI, which excludes food and energy prices, climbed 0.3%, beating the 0.2% consensus but in line with September. In corporate news, Goldman Sachs (GS), Citigroup (C), Santander (SAN) and Deutsche Bank (DB) are among a group of financial firms that have committed about $270 million to a joint stablecoin venture, Bloomberg reported. The funding is intended to cover five years of operations at the new company, which will issue a dollar-denominated stablecoin and is expected to be incorporated in the US, the report said. Goldman shares were down 0.4%, Citi eased 0.1%, Santander rose 0.2%, and Deutsche added 0.9%.