Sector Update: Financial Stocks Mixed Wednesday Afternoon
BY MT Newswires | TREASURY | 09/10/25 01:59 PM EDT01:59 PM EDT, 09/10/2025 (MT Newswires) -- Financial stocks were mixed in Wednesday afternoon trading, with the NYSE Financial Index up 0.1% and the Financial Select Sector SPDR Fund (XLF) off 0.3%.
The Philadelphia Housing Index was shedding 0.7%, and the Real Estate Select Sector SPDR Fund (XLRE) was adding 0.1%.
Bitcoin (BTC-USD) was increasing 2.3% to $113,685, and the yield for 10-year US Treasuries was dropping 4.2 basis points to 4.03%.
In economic news, the producer price index fell 0.1% in August, after a downwardly revised 0.7% increase in July, the Bureau of Labor Statistics reported Wednesday. A Bloomberg-compiled survey forecast a 0.3% gain. Annually, producer prices growth decelerated to 2.6% from 3.1%, lagging analysts' estimate for a 3.3% increase.
In corporate news, a group led by BlackRock's
Goldman Sachs
Fifth Third Bancorp
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