Sector Update: Financial Stocks Softer Tuesday Afternoon

01:59 PM EST, 12/30/2025 (MT Newswires) -- Financial stocks were decreasing in Tuesday afternoon trading, with the NYSE Financial Index fractionally lower and the State Street Financial Select Sector SPDR ETF (XLF) down 0.2%.

The Philadelphia Housing Index was shedding 0.4%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) rose 0.1%.

Bitcoin (BTC-USD) was increasing 1.4% to $88,347, and the yield for 10-year US Treasuries was slightly higher at 4.12%.

In economic news, the Institute for Supply Management's Chicago PMI print was 43.5 in December, up from 36.3 in the month prior, and higher than the 39.8 expected in a survey compiled by Bloomberg.

US house prices rose 0.4% in October, according to the US Federal Housing seasonally adjusted monthly House Price Index, compared with a downwardly revised 0.1% decline in September.

Redbook US same-store sales rose by 7.6% from a year earlier in the week ended Dec. 27 after a 7.2% year-over-year increase in the previous week.

In corporate news, OceanFirst Financial (OCFC) and Flushing Financial (FFIC) have agreed to merge in an all-stock deal worth about $579 million to create a combined regional lender with $23 billion in assets and presence across the New Jersey, Long Island and New York markets. OceanFirst shares fell 5.5%, and Flushing Financial (FFIC) dropped 8.2%.

Walker & Dunlop (WD) shares added 0.4% after the company said it has arranged a $464.5 million loan to finance Atma Miami by Aman, a 4.25-acre bayfront property in the city's Brickell district.

MetLife (MET) shares decreased 0.2% after its MetLife Investment Management business said Tuesday it has completed its acquisition of PineBridge Investments from Pacific Century.

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