Sector Update: Financial

03:31 PM EDT, 09/23/2026 (MT Newswires) -- Financial stocks declined in late Wednesday afternoon trading with the NYSE Financial Index falling 0.8% and the State Street Financial Select Sector SPDR ETF (XLF) dropping 0.4%. The Philadelphia Housing Index shed 1.9% and the State Street Real Estate Select Sector SPDR ETF (XLRE) lost 1.4%. Bitcoin (BTC-USD) fell 2% to $84,447, and the yield for 10-year US Treasuries jumped 15 basis points to 5.11%. In corporate news, BlackRock (BLK) is directing more money into large-cap stocks in the US and is shifting some of its AI exposure from industry pioneers toward later adopters, Bloomberg reported, citing an investment outlook. BlackRock shares fell 0.5%.