Sector Update: Financial Stocks Rise in Afternoon Trading

BY MT Newswires | TREASURY | 01:49 PM EST

01:49 PM EST, 12/05/2025 (MT Newswires) -- Financial stocks were advancing in Friday afternoon trading, with the NYSE Financial Index up 0.4% and the Financial Select Sector SPDR Fund (XLF) adding 0.3%.

The Philadelphia Housing Index was 0.1% lower, and the Real Estate Select Sector SPDR Fund (XLRE) rose 0.3%.

Bitcoin (BTC-USD) was declining 3.4% to $89,266, and the yield for 10-year US Treasuries rose 4 basis points to 4.14%.

In corporate news, DigitalBridge (DBRG/PJ) shares surged 47% after Bloomberg reported that SoftBank is in talks to buy the company.

UBS (UBS) may avoid a hefty capital increase after the Swiss government signaled it could ease parts of a proposed regulation that might have forced the bank to raise up to $24 billion in additional capital, Reuters reported. UBS shares gained 4.8%.

KKR (KKR) is in talks to acquire private-equity firm Arctos Partners, the Financial Times reported. Separately, KKR has agreed to invest in a portion of Compass Datacenters' operating and future assets, Bloomberg reported. The deal is expected to raise several billion dollars, the Bloomberg report said. KKR shares rose 1.3%.

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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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