Sector Update: Financial Stocks Mixed Friday Afternoon

BY MT Newswires | TREASURY | 02/13/26 02:14 PM EST

02:14 PM EST, 02/13/2026 (MT Newswires) -- Financial stocks were mixed in Friday afternoon trading, with the NYSE Financial Index falling 0.1% and the State Street Financial Select Sector SPDR ETF (XLF) up 0.1%.

The Philadelphia Housing Index was climbing 1.5%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) advanced 1.8%.

Bitcoin (BTC-USD) was increasing 5.7% to $69,000, and the yield for 10-year US Treasuries was shedding four basis points to 4.06%.

In economic news, the consumer price index rose 0.2% in January, compared with a Bloomberg-polled consensus that called for the month-on-month pace to remain unchanged at 0.3%. Annually, inflation cooled to 2.4% last month from December's 2.7% and versus the 2.5% consensus.

In regulatory news, the US Federal Reserve is expected to name Randall Guynn as director of supervision and regulation, Reuters reported. Guynn is a former partner at Davis Polk & Wardwell and would replace Michael Gibson, who announced his retirement in July, the report said.

In corporate news, Goldman Sachs (GS) general counsel Kathy Ruemmler is stepping down following US Department of Justice documents showing the extent of her links with deceased sex offender Jeffrey Epstein, the Financial Times reported, citing Ruemmler. Goldman shares were little changed.

Coinbase (COIN) shares rose nearly 18% after the company reported its Q4 results.

BlackRock (BLK) and Grasim Industries received approval from the European Commission for their acquisition of joint control of Aditya Birla Renewables, the regulator said Friday. BlackRock (BLK) shares added 1.5%.

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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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