Small font size A Larger text size A Largest text size A

Sector Update: Financial

BY MT Newswires | TREASURY | 03:41 PM EDT

03:41 PM EDT, 05/12/2026 (MT Newswires) -- Financial stocks were higher in late Tuesday afternoon trading, with the NYSE Financial Index rising 0.4% and the State Street Financial Select Sector SPDR ETF (XLF) adding 0.9%.

The Philadelphia Housing Index was down 1.1%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was up 0.2%.

Bitcoin (BTC-USD) was falling 1.2% to $80,732, and the yield for 10-year US Treasuries climbed 5.3 basis points to 4.46%.

In corporate news, S&P Global (SPGI) shares added 0.9% after its Energy division said Tuesday it has launched the HorizonsAgents suite of AI-backed tools to turn energy and sustainability data into insights for financial institutions and other clients.

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

More Fixed Income News

Rithm Capital Prices $500 Million Senior Notes Offering BY MT Newswires |CORPORATE 04:52 PM EDT
AM Best Upgrades Financial Strength Rating to ?A? (Excellent) for Hamilton Select BY Business Wire |CORPORATE 04:51 PM EDT
Murphy USA Inc. Announces Pricing of Notes Offering BY Business Wire |CORPORATE 04:31 PM EDT
Rithm Capital Corp. Announces Pricing of Offering of Senior Unsecured Notes BY Business Wire |CORPORATE 04:30 PM EDT

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.

fir_news_article