Sector Update: Financial
BY MT Newswires | TREASURY | 04/06/26 01:19 PM EDT01:19 PM EDT, 04/06/2026 (MT Newswires) -- Financial stocks were advancing Monday afternoon, with the NYSE Financial Index rising 0.6% and the State Street Financial Select Sector SPDR ETF (XLF) ahead 0.7%.
The Philadelphia Housing Index was increasing 0.2%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was adding 0.3%.
Bitcoin (BTC-USD) was rising 0.9% to $69,567, and the yield for 10-year US Treasuries was increasing 2 basis points to 4.33%.
In economic news, the Institute for Supply Management's US services index fell to 54.0 in March from 56.1 in February, compared with expectations for 54.9 in a Bloomberg poll. The index indicates a slower pace of expansion.
In corporate news, supply disruptions caused by the Iran war could keep inflation and interest rates higher than expected, JPMorgan
MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.
Print
