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Sector Update: Financial
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Sector Update: Financial
Jul 21, 2025 10:28 AM

01:12 PM EDT, 07/21/2025 (MT Newswires) -- Financial stocks rose in Monday afternoon trading with the NYSE Financial Index gaining 0.7% and the Financial Select Sector SPDR Fund (XLF) climbing 0.5%.

The Philadelphia Housing Index was little changed, and the Real Estate Select Sector SPDR Fund (XLRE) advanced 0.8%.

Bitcoin (BTC-USD) increased 0.5% to $117,909, and the yield for 10-year US Treasuries fell 7.8 basis points to 4.354%.

In economic news, the Conference Board's measure of leading indicators fell by 0.3% in June, as expected in a survey compiled by Bloomberg and following a steady reading in May.

In corporate news, Wells Fargo's ( WFC ) direct lending partnership with Centerbridge Partners has arranged $2 billion in deals since the beginning of 2025, Bloomberg reported. Wells Fargo ( WFC ) shares rose 0.6%.

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