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Sector Update: Financial Stocks Mixed Tuesday Afternoon

BY MT Newswires | TREASURY | 02:19 PM EST

02:19 PM EST, 01/27/2026 (MT Newswires) -- Financial stocks were mixed in Tuesday afternoon trading with the NYSE Financial Index rising 0.1% and the State Street Financial Select Sector SPDR ETF (XLF) shedding 0.87%.

The Philadelphia Housing Index fell 1.3%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) added 0.1%.

Bitcoin (BTC-USD) dropped 0.6% to $87,772, and the yield for 10-year US Treasuries rose 1 basis point to 4.23%.

In economic news, US consumer confidence tumbled this month to the lowest since May 2014 amid broad-based weakness and concerns about the labor market and inflation, the Conference Board said. The consumer confidence index dropped 9.7 points to 84.5 in January from last month's upwardly revised 94.2. The consensus was for 91 in a Bloomberg survey.

In corporate news, Blackstone (BX) took in more than $400 million as a result of CVC Capital Partners' $1.2 billion acquisition of Marathon Asset Management, Bloomberg reported. Blackstone shares fell 0.8%.

UBS (UBS) asked a US court to dismiss a lawsuit filed by a former trader who accuses the bank of sacrificing him to prosecutors during the Libor rigging scandal to protect senior executives, Bloomberg reported. UBS shares rose 2.4%.

Apollo Global Management (APO) incurred a $170 million loss a year ago when an asset-backed loan for Amazon.com brand aggregator Perch was wiped out, Bloomberg reported. Apollo shares added 0.4%.

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

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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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