financetom
Market
financetom
/
Market
/
Sector Update: Financial
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Financial
Mar 12, 2026 12:56 PM

03:43 PM EDT, 03/12/2026 (MT Newswires) -- Financial stocks were lower in late Thursday afternoon trading, with the NYSE Financial Index dropping 1.8% and the State Street Financial Select Sector SPDR ETF (XLF) falling 1.4%.

The Philadelphia Housing Index was down 2%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) decreased 0.6%.

Bitcoin (BTC-USD) was up 0.1% at $70,252, and the yield for 10-year US Treasuries gained 6.5 basis points to 4.27%.

In corporate news, Blackstone (BX) has revived plans to sell an office building in London's Canary Wharf district for more than 250 million British pounds ($333.7 million), the Financial Times reported. Blackstone shares were down 4.8%.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved