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Sector Update: Financial
Jul 29, 2025 1:06 PM

03:35 PM EDT, 07/29/2025 (MT Newswires) -- Financial stocks were mixed in late Tuesday afternoon trading, with the NYSE Financial Index fractionally higher and the Financial Select Sector SPDR Fund (XLF) shedding 0.5%.

The Philadelphia Housing Index was adding 0.3%, and the Real Estate Select Sector SPDR Fund (XLRE) climbed 1.7%.

Bitcoin (BTC-USD) declined 0.5% to $117,462, and the yield for 10-year US Treasuries dropped 11 basis points to 4.33%.

In economic news, US job openings fell to 7.437 million in June, according to the Bureau of Labor Statistics, lower than the 7.5 million openings expected in a survey compiled by Bloomberg and below the 7.712 million openings reported in May.

The Conference Board's measure of consumer confidence rose to 97.2 in July from 95.2 in June, above the 96.0 expected in a survey compiled by Bloomberg.

The US advance international trade in goods deficit narrowed to $85.99 billion in June from $96.42 billion in May, according to data released by the US Census Bureau, compared with the $98.0 billion deficit expected in a survey compiled by Bloomberg.

In corporate news, Bakkt ( BKKT/WS ) shares were falling 42% in recent trading, a day after it priced an offering of 6.8 million class A shares and pre-funded warrants.

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