Sector Update: Financial Stocks Mixed Thursday Afternoon
BY MT Newswires | TREASURY | 01:40 PM EDT01:40 PM EDT, 06/25/2026 (MT Newswires) -- Financial stocks were mixed in Thursday afternoon trading, with the NYSE Financial Index rising 0.3% and the State Street Financial Select Sector SPDR ETF (XLF) decreasing 0.2%.
The Philadelphia Housing Index was climbing 1.4%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was down 0.2%.
Bitcoin (BTC-USD) was up 0.3% to $59,628, and the yield for 10-year US Treasuries was decreasing 2 basis points to 4.38%.
In economic news, annual inflation accelerated to 4.1% in May, the fastest print since April 2023, matching consensus, based on the personal consumption expenditures, or PCE, price index data from the Bureau of Economic Analysis. It follows a 3.8% gain in April. Core PCE inflation, which strips out food and energy, accelerated to 3.4% from a year ago, as expected, from 3.3% in April. That's the highest reading since October 2023.
In corporate news, JPMorgan Chase
CME (CME) is planning to introduce wind derivatives linked to markets in the US, Europe and Australia as renewable energy generation expands, Bloomberg reported. CME shares were down 2.6%.
Blackstone (BX) and Bain Capital are among the firms that have moved forward in the sale process for Fuji Media's property business, Sankei Building, Bloomberg reported. Preliminary bids reportedly value the real estate unit at about 1 trillion Japanese yen ($6.18 billion), potentially making the transaction the largest property deal in Japan, the report said. Blackstone shares rose 2.2%.
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