Content and data provided by various third parties and Fidelity - Terms of Use
Print.Print
Small font size A Larger text size A Largest text size A

Sector Update: Financial

BY MT Newswires | TREASURY | 02/17/26 03:51 PM EST

03:51 PM EST, 02/17/2026 (MT Newswires) -- Financial stocks were advancing in late Tuesday afternoon trading, with the NYSE Financial Index increasing 0.8% and the State Street Financial Select Sector SPDR ETF (XLF) adding 1.1%.

The Philadelphia Housing Index was falling 1.5%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was up 1%.

Bitcoin (BTC-USD) was declining 1.5% to $67,856, and the yield for 10-year US Treasuries was slightly lower at 4.05%.

In economic news, the National Association of Home Builders' monthly housing market index fell to 36 in February from 37 in January, below expectations of 38 in a Bloomberg-compiled survey.

The New York Federal Reserve's Empire State manufacturing index slid to 7.1 in February from 7.7 in January, compared with the minus 6.2 forecast in a Bloomberg-compiled poll.

In corporate news, Nicolet Bankshares (NIC) shares added 1.2% after it said Tuesday it has completed its merger with MidWestOne Financial.

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

More Fixed Income News

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.

© 1998 – 2014 FMR LLC.

All rights reserved.
fir_news_article