Sector Update: Financial Stocks Advance Late Afternoon

03:47 PM EST, 01/15/2026 (MT Newswires) -- Financial stocks were advancing in late Thursday afternoon trading, with the NYSE Financial Index rising 0.6% and the State Street Financial Select Sector SPDR ETF (XLF) adding 0.3%.

The Philadelphia Housing Index was up 0.9%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) rose 0.7%.

Bitcoin (BTC-USD) was declining 1.5% to $95,522, and the yield for 10-year US Treasuries rose 2 basis points to 4.16%.

In economic news, US initial jobless claims fell to 198,000 in the week ended Jan. 10 from a downwardly revised 207,000 level in the previous week, compared with expectations for 215,000 in a Bloomberg-compiled poll.

The Philadelphia Federal Reserve's monthly manufacturing index improved to 12.6 in January after falling to a revised minus 8.8 in December, compared with expectations for minus 1.4 in a Bloomberg-compiled survey.

The New York Federal Reserve's Empire State manufacturing index improved to 7.7 in January from a revised minus 3.7 in December, compared with the 1.0 print expected in a survey compiled by Bloomberg.

In corporate news, Carlyle (CG) has seen "exponential" growth in its wealth business, Bloomberg reported, citing Shane Clifford, global head of wealth at Carlyle. The wealth business's growth puts it on track to account for 20% of capital flows for the asset manager, the report quoted Clifford as saying in an interview with Bloomberg Television. Carlyle shares rose 1.3%.

SelectQuote (SLQT) shares jumped past 7% after it said Thursday it signed a new multi-year agreement between its SelectRx pharmacy and a long-time pharmacy benefit manager partner, improving reimbursement visibility and financial stability.

Goldman Sachs (GS) reported a surprise increase in Q4 profit as revenue from investment banking and equity trading surged. Its shares climbed 4.4%.

Morgan Stanley (MS) reported better-than-expected Q4 results on Thursday, buoyed by robust revenue gains in its investment banking business that reflected increased deal activity and higher initial public offerings. Morgan Stanley (MS) shares jumped 5.7%.

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