Sector Update: Financial
BY MT Newswires | TREASURY | 06/20/25 03:40 PM EDT03:40 PM EDT, 06/20/2025 (MT Newswires) -- Financial stocks were mixed in late Friday afternoon trading with the NYSE Financial Index little changed, erasing earlier gains, and the Financial Select Sector SPDR Fund (XLF) up 0.2%.
The Philadelphia Housing Index added 1.1%, and the Real Estate Select Sector SPDR Fund (XLRE) edged up 0.1%.
Bitcoin (BTC-USD) declined 1.4% to $103,256, and the yield for 10-year US Treasuries decreased 2.2 basis points to 4.375%.
President Donald Trump will decide on a potential military action against Iran within the next two weeks, White House Press Secretary Karoline Leavitt said Thursday, according to media reports. The decision will depend on the "substantial chance of negotiations that may or may not take place," Leavitt said.
In corporate news, Aflac
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