Sector Update: Financial

MT newswire2026/09/17 17:25

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01:25 PM EDT, 09/17/2026 (MT Newswires) -- Financial stocks were advancing in Thursday afternoon trading, with the NYSE Financial Index rising 0.5% and the State Street Financial Select Sector SPDR ETF (XLF) up 0.1%. The Philadelphia Housing Index added 0.2%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) rose 0.6%. Bitcoin (BTC-USD) was increasing 0.8% to $76,785, and the yield for 10-year US Treasuries was falling 5.3 basis points to 4.953%. In corporate news, Blackstone (BX) is seeking to arrange a secondary sale for investors in its $57.7 billion Blackstone Property Partners strategy to provide liquidity amid redemption pressure, Bloomberg reported. Blackstone has held discussions with potential buyers and is taking a more formal role in arranging the deals, the report said. Blackstone shares were up 1.6%.

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