Content and data provided by various third parties and Fidelity - Terms of Use
Print.Print
Small font size A Larger text size A Largest text size A

Sector Update: Financial Stocks Advance Late Afternoon

BY MT Newswires | TREASURY | 11/04/25 03:56 PM EST

03:56 PM EST, 11/04/2025 (MT Newswires) -- Financial stocks rose in late Tuesday afternoon trading with the NYSE Financial Index gaining 0.3% and the Financial Select Sector SPDR Fund (XLF) adding 0.5%.

The Philadelphia Housing Index increased 0.3%, and the Real Estate Select Sector SPDR Fund (XLRE) climbed 0.2%.

Bitcoin (BTC-USD) fell 6.1% to $100,019, and the yield for 10-year US Treasuries decreased 2 basis points to 4.09%.

In corporate news, UBS (UBS) is gaining political support from Swiss lawmakers to ease parts of proposed tougher capital rules, media outlets reported. The lower house's Economy and Taxation Committee voted to send a letter to the government warning that overly strict rules could undermine Switzerland's standing as a competitive financial center, Bloomberg reported. UBS shares eased 0.2%.

Apollo Global Management (APO) shares jumped 5% after the company reported higher Q3 adjusted net income and revenue.

Whitestone REIT (WSR) investor MCB Real Estate proposed buying all outstanding shares of the company for $15.20 per share in cash. Whitestone shares climbed 5%.

Global Payments (GPN) shares rose 3.9% after the company reported higher Q3 adjusted earnings and revenue.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

More Fixed Income News

All Fixed Income News

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.

© 1998 – 2014 FMR LLC.

All rights reserved.
fir_news_article