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Sector Update: Financial
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Sector Update: Financial
Nov 20, 2024 7:43 PM

01:31 PM EST, 11/20/2024 (MT Newswires) -- Financial stocks were decreasing in Wednesday afternoon trading, with the NYSE Financial Index and the Financial Select Sector SPDR Fund (XLF) each shedding 0.5%.

The Philadelphia Housing Index was easing 0.3%, and the Real Estate Select Sector SPDR Fund (XLRE) was down 0.3%.

Bitcoin (BTC-USD) was increasing 0.86% to $94,067, and the yield for 10-year US Treasuries was rising 3.3 basis points to 4.41%.

In corporate news, Apollo Global Management ( APO ) Chief Executive Marc Rowan and former Federal Reserve Governor Kevin Warsh are scheduled to interview Wednesday for the Treasury Secretary role in President-elect Donald Trump's forthcoming administration, Bloomberg reported. Apollo shares were falling 3.7%.

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