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Sector Update: Financial

Sector Update: Financial

MT newswireMT newswire2026/08/26 17:13
01:13 PM EDT, 08/26/2026 (MT Newswires) -- Financial stocks were softer in Wednesday afternoon trading, with the NYSE Financial Index and the State Street Financial Select Sector SPDR ETF (XLF) each decreasing about 0.1%. The Philadelphia Housing Index was down 0.2%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was shedding 0.4%. Bitcoin (BTC-USD) was declining 0.7% to $78,009, and the yield for 10-year US Treasuries was adding 2.5 basis points to 4.664%. In corporate news, Victory Capital (VCTR) shares gained 4.5% after the firm said it has agreed to buy First Eagle Investments, a privately-held global asset manager, for about $7 billion.
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