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Sector Update: Financial

BY MT Newswires | TREASURY | 02/09/26 03:21 PM EST

03:21 PM EST, 02/09/2026 (MT Newswires) -- Financial stocks were mixed in Monday late afternoon trading, with the NYSE Financial Index adding 0.1% and the State Street Financial Select Sector SPDR ETF (XLF) shedding 0.4%.

The Philadelphia Housing Index was decreasing 0.3%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was adding 0.6%.

Bitcoin (BTC-USD) was rising 0.7% to $70,815, and the yield for 10-year US Treasuries was slightly lower at 4.20%.

In corporate news, activist investor HoldCo Asset Management said Monday at a conference that it won't pursue proxy fights against KeyCorp (KEY) and Eastern Bankshares (EBC) despite previously threatening to do so, Bloomberg reported. KeyCorp (KEY) shares were down 0.3%, and Eastern Bankshares (EBC) rose 0.3%.

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More Fixed Income News

China's central bank extends gold buying to 16th month BY Reuters |ECONOMIC 03/06/26 10:10 PM EST
China's forex reserves rise in February as dollar gains BY Reuters |ECONOMIC 03/06/26 09:52 PM EST
China gold reserves at 74.22 mln fine troy oz at end-Feb vs 74.19 mln troy oz at end-Jan - central bank BY Reuters |ECONOMIC 03/06/26 09:45 PM EST
China FX reserves rise to $3.428 trln end-Feb from $3.399 trln end-Jan BY Reuters |ECONOMIC 03/06/26 09:26 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.

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