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Sector Update: Financial
Jun 10, 2024 11:12 AM

01:35 PM EDT, 06/10/2024 (MT Newswires) -- Financial stocks were declining in Monday afternoon trading, with the NYSE Financial Index decreasing 0.3% and the Financial Select Sector SPDR Fund (XLF) off 0.6%.

The Philadelphia Housing Index was adding 0.4%, and the Real Estate Select Sector SPDR Fund (XLRE) was up 0.5%.

Bitcoin (BTC-USD) was increasing 0.4% to $69,930, and the yield for 10-year US Treasuries was rising 5 basis points to 4.48%.

In corporate news, Oxbridge Re (OXBR) shares fell 1.2% after it said Monday its board is evaluating strategic alternatives, including a potential sale, spinoff, merger, divestiture or recapitalization, to boost shareholder value.

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