Sector Update: Financial Stocks Higher Late Afternoon

BY MT Newswires | TREASURY | 02/17/26 04:04 PM EST

04:04 PM EST, 02/17/2026 (MT Newswires) -- Financial stocks were advancing in late Tuesday afternoon trading, with the NYSE Financial Index increasing 0.7% and the State Street Financial Select Sector SPDR ETF (XLF) adding 1%.

The Philadelphia Housing Index was falling 1.6%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was up 1%.

Bitcoin (BTC-USD) was declining 1.1% to $67,710, and the yield for 10-year US Treasuries was slightly higher at 4.06%.

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 1.5% after it said Tuesday it has completed its merger with MidWestOne Financial.

Fiserv (FISV) shares jumped nearly 7% after The Wall Street Journal reported that activist investor Jana Partners has amassed a stake in the payments company and is seeking changes to help boost its underperforming stock.

eToro's (ETOR) shares surged 20% after the company reported Q4 adjusted earnings that topped Wall Street's estimates.

Donnelley Financial Solutions (DFIN) shares climbed 12% after it reported higher Q4 adjusted earnings and net sales.

Gemini Space Station (GEMI) shares fell 13% after the firm reported preliminary estimates for 2025 and the departure of some executives.

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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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