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Sector Update: Financial
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Sector Update: Financial
Jul 21, 2025 12:39 PM

03:26 PM EDT, 07/21/2025 (MT Newswires) -- Financial stocks were mixed in late Monday afternoon trading with the NYSE Financial Index adding 0.2% and the Financial Select Sector SPDR Fund (XLF) easing 0.1%.

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

Bitcoin (BTC-USD) increased 0.2% to $117,520, and the yield for 10-year US Treasuries fell 6 basis points to 4.37%.

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, HSBC ( HSBC ) restarted the search for its next chairman after struggling to find enough suitable candidates from a pool of over 100 names, the Financial Times reported. HSBC ( HSBC ) shares rose 1.5%.

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