Small font size A Larger text size A Largest text size A

Sector Update: Financial

BY MT Newswires | TREASURY | 01:31 PM EST

01:31 PM EST, 02/06/2026 (MT Newswires) -- Financial stocks were advancing in Friday afternoon trading, with the NYSE Financial Index rising 1.6% and the State Street Financial Select Sector SPDR ETF (XLF) adding 1.5%.

The Philadelphia Housing Index increased 0.8%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) rose 1%.

Bitcoin (BTC-USD) was increasing 10% to $69,589, and the yield for 10-year US Treasuries was slightly higher at nearly 4.22%.

In corporate news, Piper Sandler (PIPR) shares climbed past 9% after it reported Q4 adjusted earnings that topped analyst estimates and declared a special dividend.

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

More Fixed Income News

TREASURIES-US Treasury yields rebound before next week's key jobs data BY Reuters |TREASURY 02:56 PM EST
Federal Reserve Watch for Feb. 6: Jefferson Says 'Cautiously Optimistic' About US Economic Outlook BY MT Newswires |ECONOMIC 02:45 PM EST
AM Best Affirms Credit Ratings of Orion Reinsurance (Bermuda) Ltd. BY Business Wire |CORPORATE 02:45 PM EST
Bessent says Trump's comment about suing his Fed chief nominee was a joke BY Reuters |ECONOMIC 02:40 PM EST

All Fixed Income News

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.

fir_news_article