Sector Update: Financial
BY MT Newswires | TREASURY | 10/06/25 03:35 PM EDT03:35 PM EDT, 10/06/2025 (MT Newswires) -- Financial stocks were lower in late Monday afternoon trading, with the NYSE Financial Index down 0.4% and the Financial Select Sector SPDR Fund (XLF) easing 0.1%.
The Philadelphia Housing Index was falling 1.4%, and the Real Estate Select Sector SPDR Fund (XLRE) was shedding 1%.
Bitcoin (BTC-USD) was climbing 1.9% to $125,738, and the yield for 10-year US Treasuries rose 4 basis points to 4.16%.
The partial federal government shutdown, which began last week after lawmakers disagreed on a key spending bill, entered its sixth day on Monday. It delayed the highly anticipated September jobs report that was scheduled to be released on Friday. This week, trade and jobless claims are among the data that may not be released if the shutdown continues.
In corporate news, Carlyle (CG) is close to acquiring BASF's coatings business in a roughly 7 billion euro ($8.17 billion) deal, the Financial Times reported. Carlyle shares were down 0.5%.
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