Sector Update: Financial Stocks Advance Tuesday Afternoon

02:02 PM EST, 11/18/2025 (MT Newswires) -- Financial stocks were advancing in Tuesday afternoon trading, with the NYSE Financial Index up 0.2% and the Financial Select Sector SPDR Fund (XLF) adding 0.4%.

The Philadelphia Housing Index was climbing 0.6%, and the Real Estate Select Sector SPDR Fund (XLRE) rose 0.6%.

Bitcoin (BTC-USD) was increasing 1.6% to $93,569, and the yield for 10-year US Treasuries was slightly higher at 4.14%.

In economic news, new orders for US factory goods, excluding a 7.9% increase in transportation orders, rose 0.1% after a 0.5% gain in July. Factory shipments fell 0.1%, while unfilled orders rose 0.6%.

The National Association of Home Builders' monthly housing market index climbed to 38 in November from 37 in October, compared with expectations for no change in a survey compiled by Bloomberg. The index was still below the 46 print a year earlier.

A weekly measure of private payrolls from Automatic Data Processing, or ADP, showed a preliminary average decrease of 2,500 jobs in the four weeks ending on Nov. 1. This is the third national employment weekly report published by ADP.

In corporate news, Artisan Partners Asset Management (APAM) said Tuesday it has agreed to buy real estate private equity firm Grandview Property Partners as part of its strategic expansion into alternative asset classes. Artisan shares gained 1.3%.

ING (ING) shares were down 1.6% after the company said it has reached a deal with Goldman Sachs (GS) to acquire the remaining 55% stake it did not yet own in Goldman Sachs TFI. Goldman shares rose 1%.

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