Sector Update: Financial Stocks Advance Monday Afternoon

BY MT Newswires | TREASURY | 01/26/26 02:06 PM EST

02:06 PM EST, 01/26/2026 (MT Newswires) -- Financial stocks rose in Monday afternoon trading, with the NYSE Financial Index gaining 0.4% and the State Street Financial Select Sector SPDR ETF (XLF) adding 0.5%.

The Philadelphia Housing Index fell 0.3%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) climbed 0.2%.

Bitcoin (BTC-USD) rose 1.4% to $87,768, and the yield for 10-year US Treasuries fell 3.2 basis points to 4.207%.

In economic news, the Dallas Fed's monthly manufacturing index improved to a reading of minus 1.2 in January from a revised minus 11.3 in December, against expectations for minus 8.6.

In corporate news, Barclays (BCS) , NatWest Group (NWG) , and HSBC Holdings (HSBC) are expected to raise profit targets when they release their annual earnings, Reuters reported. Barclays (BCS) shares rose 1%, while NatWest (NWG) and HSBC (HSBC) each gained 1.6%.

Bank of Hawaii (BOH) shares jumped 5.2% after the company posted higher Q4 earnings and revenue.

Blackstone (BX) and Japanese industrial equipment maker Yanmar are prospective bidders for a majority stake in Volkswagen's heavy diesel engine unit Everllence, Bloomberg reported. Other parties that are in the mix include Brookfield Asset Management (BAM) and Turkish energy firm Karpowership, which could partner with private equity firms for a bid, the report said. Blackstone was down 0.3%, and Brookfield rose 0.4%.

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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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