Sector Update: Financial Stocks Decline Late Afternoon

03:55 PM EST, 02/13/2026 (MT Newswires) -- Financial stocks were lower late Friday afternoon, with the NYSE Financial Index shedding 0.3% and the State Street Financial Select Sector SPDR ETF (XLF) down 0.2%.

The Philadelphia Housing Index climbed up 1.1%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) rose 1.3%.

Bitcoin (BTC-USD) was increasing 4% to $68,830, and the yield for 10-year US Treasuries was shedding 4.8 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 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 fractionally lower.

Neptune Insurance (NP) shares climbed 11% after BMO Capital upgraded the stock to outperform from market perform.

Coinbase (COIN) shares rose 16% 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 1.1%.

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