Sector Update: Financial Stocks Rise Late Afternoon

03:48 PM EST, 11/11/2025 (MT Newswires) -- Financial stocks rose in late Tuesday afternoon trading with the NYSE Financial Index adding 0.7% and the Financial Select Sector SPDR Fund (XLF) gaining 0.4%.

The Philadelphia Housing Index climbed 0.9%, and the Real Estate Select Sector SPDR Fund (XLRE) advanced 1%.

Bitcoin (BTC-USD) fell 2.7% to $103,106, and the yield for 10-year US Treasuries rose 1 basis point 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 ended Oct. 25. This was the second national employment weekly report published by ADP.

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

In corporate news, Blackstone (BX) is leading a 1.5 billion pound ($2 billion) private credit package backing Permira's acquisition of JTC, Bloomberg reported. Blackstone shares rose 0.6%.

Centerspace (CSR) shares jumped 13% after Bloomberg reported the company is exploring options, including a potential sale.

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 1.8%.

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 report. Visa shares rose 1.1%, and Mastercard (MA) climbed 0.7%.

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