Sector Update: Financial

BY MT Newswires | TREASURY | 09/11/25 01:22 PM EDT

01:22 PM EDT, 09/11/2025 (MT Newswires) -- Financial stocks were advancing in Thursday afternoon trading, with the NYSE Financial Index rising 1.2% and the Financial Select Sector SPDR Fund (XLF) ahead 1.4%.

The Philadelphia Housing Index was climbing 2.3%, and the Real Estate Select Sector SPDR Fund (XLRE) was adding 1.2%.

Bitcoin (BTC-USD) was increasing 0.5% to $114,480, and the yield for 10-year US Treasuries was shedding 3 basis points to 4.01%.

In economic news, the consumer price index rose by 0.4% in August, up from 0.2% in July and representing the highest since January, the Bureau of Labor Statistics said. A Bloomberg-polled consensus was for a 0.3% rise. Annually, inflation accelerated 2.9% from 2.7%, in line with the outlook.

In corporate news, JPMorgan Chase (JPM) plans to increase hiring across its corporate banking business in the Asia Pacific region by about 20% next year, Reuters reported. JPMorgan (JPM) shares rose 1.3%.

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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