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Sector Update: Financial

Sector Update: Financial

MT newswire2026/09/16 17:28
01:28 PM EDT, 09/16/2026 (MT Newswires) -- Financial stocks were lower in Wednesday afternoon trading, with the NYSE Financial Index down 0.4% and the State Street Financial Select Sector SPDR ETF (XLF) off 0.6%. The Philadelphia Housing Index was fractionally higher, and the State Street Real Estate Select Sector SPDR ETF (XLRE) added 0.4%. Bitcoin (BTC-USD) was increasing 0.1% to $75,648, and the yield for 10-year US Treasuries was shedding 3.7 basis points to 4.959%. In corporate news, American Savings Bank (ASBH) shares rose in their debut on the New York Stock Exchange Wednesday. The shares were trading at $17.01, up 6.3%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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U.S. crude oil inventories decline for the third consecutive week, while gasoline and distillate inventories increase; Venezuelan crude imports reach highest level in nearly 10 years

According to the EIA, for the week ending September 11, U.S. commercial crude oil inventories decreased by 640,000 barrels, which was less than the market expectation of 1.4 million barrels. Strategic Petroleum Reserve inventories fell by 403,000 barrels. Gasoline inventories increased by 794,000 barrels, while the market had expected a decrease of 800,000 barrels. Distillate fuel inventories rose by 1.6 million barrels, with the market expecting no change. Imports of Venezuelan crude oil reached nearly 800,000 barrels, the highest level since 2017.

华尔街见闻2026/09/16 18:06

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