Sector Update: Financial Stocks Higher Late Afternoon

03:58 PM EST, 01/26/2026 (MT Newswires) -- Financial stocks rose in late Monday afternoon trading, with the NYSE Financial Index up 0.6% and the State Street Financial Select Sector SPDR ETF (XLF) adding 0.7%.

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

Bitcoin (BTC-USD) rose 1.4% to $87,748, and the yield for 10-year US Treasuries fell 2.6 basis points to 4.21%.

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, Apollo Global Management (APO) incurred an about $170 million loss a year ago when an asset-backed loan for Amazon brand aggregator Perch was wiped out, Bloomberg reported Monday. Apollo shares were down 3.3%.

Bank of Hawaii (BOH) shares jumped 6.4% after the company posted higher Q4 earnings and revenue.

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 0.7%, while NatWest (NWG) added 1.2%, and HSBC (HSBC) each gained 1.3%.

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 0.2%, and Brookfield shed 0.5%.

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