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Sector Update: Financial
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Sector Update: Financial
Aug 6, 2025 12:54 PM

03:29 PM EDT, 08/06/2025 (MT Newswires) -- Financial stocks advanced in late Wednesday afternoon trading with the NYSE Financial Index and the Financial Select Sector SPDR Fund (XLF) each rising 0.5%

The Philadelphia Housing Index gained 0.2%, while the Real Estate Select Sector SPDR Fund (XLRE) fell 0.6%.

Bitcoin (BTC-USD) added 1% to $115,369, and the yield for 10-year US Treasuries rose 2 basis points to 4.22%.

In corporate news, Apollo Global Management ( APO ) agreed to buy a majority stake in Stream Data Centers, which builds and operates large-scale data center campuses, Bloomberg reported. Apollo shares gained 0.2%.

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