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Sector Update: Financial

Sector Update: Financial

MT newswireMT newswire2026/10/22 17:28
01:28 PM EDT, 10/22/2026 (MT Newswires) -- Financial stocks were advancing in Thursday afternoon trading, with the NYSE Financial Index rising 0.4% and the State Street Financial Select Sector SPDR ETF (XLF) ahead 0.8%. The Philadelphia Housing Index was climbing 2.9%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was up 0.4%. Bitcoin (BTC-USD) was falling 3.4% to $81,161, and the yield for 10-year US Treasuries was dropping 12 basis points to 5.03%. In corporate news, Nasdaq (NDAQ) shares jumped nearly 6% after it reported Q3 earnings and revenue that beat analyst estimates.
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