Sector Update: Financial

01:23 PM EST, 11/03/2026 (MT Newswires) -- Financial stocks were lower in Tuesday afternoon trading, with the NYSE Financial Index decreasing 0.6% and the State Street Financial Select Sector SPDR ETF (XLF) off 0.5%. The Philadelphia Housing Index was falling 2.6%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) eased 0.2%. Bitcoin (BTC-USD) was increasing 1.2% to $77,603, and the yield for 10-year US Treasuries was rising 6 basis points to 4.954%. In corporate news, Apollo Global Management (APO) shares fell 5% after it reported Q3 adjusted net income Tuesday of $2.07 per share, down from $2.17 a year earlier. Analysts polled by FactSet expected $2.19. Revenue for the quarter was $4.74 billion, down from $9.82 billion a year earlier.