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Sector Update: Financial Stocks Decline Friday Afternoon

BY MT Newswires | TREASURY | 01:57 PM EST

01:57 PM EST, 12/26/2025 (MT Newswires) -- Financial stocks fell in Friday afternoon trading with the NYSE Financial Index and the State Street Financial Select Sector SPDR ETF (XLF) each dropping 0.4%.

The Philadelphia Housing Index lost 0.5%, and the State Street Real Estate Select Sector SPDR eased 0.2%.

Bitcoin (BTC-USD) fell 1.1% to $87,251, and the yield for 10-year US Treasuries was little changed at 4.14%.

In corporate news, JPMorgan Chase (JPM) froze the accounts of at least two stablecoin startups in recent months due to legal risks, The Information reported. The bank froze accounts for Latin America-focused Blindpay and Kontigo, which are financed by venture capital firm Y Combinator, the report said. JPMorgan (JPM) shares fell 0.6%.

RLJ Lodging Trust (RLJ) may benefit from some tailwinds in 2026 even amid macroeconomic challenges, Truist Securities said. RLJ shares fell 0.7%.

Capital One Financial (COF) shares rose 0.1% after BTIG lifted its target on the stock to $308 from $264, while keeping its buy rating.

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

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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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