Sector Update: Financial

03:44 PM EST, 11/05/2026 (MT Newswires) -- Financial stocks were lower in late Thursday afternoon trading, with the NYSE Financial Index declining 2.4% and the State Street Financial Select Sector SPDR ETF (XLF) falling 2.8%. The Philadelphia Housing Index was down 2%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was shedding 2.2%. Bitcoin (BTC-USD) was falling 5.5% to $76,040, and the yield for 10-year US Treasuries decreased 6.5 basis points to 4.827%. In corporate news, Lemonade (LMND) shares fell past 9% after it reported a Q3 loss Thursday of $0.56 per diluted share, widening from a loss of $0.51 a year earlier.