Sector Update: Financial Stocks Decline Monday Afternoon

01:54 PM EST, 12/29/2025 (MT Newswires) -- Financial stocks were decreasing in Monday afternoon trading, with the NYSE Financial Index and the State Street Financial Select Sector SPDR ETF (XLF) each shedding about 0.5%.

The Philadelphia Housing Index fell 0.8%, while the State Street Real Estate Select Sector SPDR ETF (XLRE) rose 0.2%.

Bitcoin (BTC-USD) was down 0.2% at $87,494, and the yield for 10-year US Treasuries was shedding 2 basis points to 4.11%.

In corporate news, DigitalBridge (DBRG/PJ) will be acquired by SoftBank in a deal worth about $4 billion, as the Japanese investment giant looks to develop its data center and connectivity capacity for artificial intelligence infrastructure. DigitalBridge (DBRG/PJ) jumped nearly 10%.

Blackstone's (BX) AirTrunk is considering options including a potential real estate investment trust listing in Singapore, Bloomberg reported. The Australian data-center operator, which was acquired by Blackstone and Canada Pension Plan Investment Board in 2024, has held private discussions with advisers about a possible REIT initial public offering, aiming to raise upwards of $1 billion in the process, the report said. Blackstone shares were fractionally lower.

KKR (KKR) has first negotiation rights to take Japan's Yomeishu Seizo private and is planning to finalize the terms to launch a tender offer in January, Bloomberg reported. KKR shares were down 0.6%.

Brookfield Asset Management's (BAM) majority-owned Center Parcs has attracted interest from several UK public sector pension schemes, as Brookfield finalizes a recapitalization effort of the holiday parks firm, Sky News reported Saturday. Brookfield shares rose 0.3%.

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