Sector Update: Financial Stocks Advance Tuesday Afternoon

BY MT Newswires | TREASURY | 11/11/25 02:01 PM EST

02:01 PM EST, 11/11/2025 (MT Newswires) -- Financial stocks rose in Tuesday afternoon trading, with the NYSE Financial Index adding 0.8% and the Financial Select Sector SPDR Fund (XLF) up 0.6%.

The Philadelphia Housing Index was climbing 1.2%, and the Real Estate Select Sector SPDR Fund (XLRE) was rising 1.1%.

Bitcoin (BTC-USD) was declining 2.2% to $103,395, and the yield for 10-year US Treasuries rose 2.9 basis points to 4.12%.

In economic news, ADP's weekly measure of private payrolls showed an average decrease of 11,250 jobs in the four weeks ending on Oct. 25. This is the second national employment weekly report published by ADP.

Redbook US same-store sales rose by 5.9% from a year earlier in the week ended Nov. 8 after a 5.7% year-over-year increase in the previous week.

In corporate news, Goldman Sachs (GS) is set to collect a $110 million advisory fee for working on Electronic Arts' (EA) $55 billion take-private deal, the largest in the bank's history, the Financial Times reported. Goldman shares climbed 1.3%.

EToro (ETOR) shares jumped 11% after Deutsche Bank upgraded the stock to buy from hold on Tuesday, citing improved momentum and a better risk and return profile following Q3 results.

Visa (V) and Mastercard's (MA) updated proposed settlement agreement with US merchants is expected to remove a long-standing legal overhang without directly affecting the companies' unit economics, UBS Securities said in a note Tuesday. Visa and Mastercard (MA) shares were each rising 0.8%.

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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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