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Sector Update: Financial
Aug 11, 2025 10:44 AM

01:26 PM EDT, 08/11/2025 (MT Newswires) -- Financial stocks were softer Monday afternoon, with the NYSE Financial Index easing 0.1% and the Financial Select Sector SPDR Fund (XLF) down 0.2%.

The Philadelphia Housing Index was falling 1.2%, and the Real Estate Select Sector SPDR Fund (XLRE) was shedding 0.4%.

Bitcoin (BTC-USD) was up 0.4% at $119,767, and the yield for 10-year US Treasuries was down 2 basis points at 4.26%.

In economic news, the US dollar strengthened ahead of scheduled talks between Presidents Vladimir Putin and Donald Trump. The meeting will take place on Friday in Alaska without Ukraine and EU representation.

In corporate news, US authorities said Citigroup ( C ) oversaw more than $1 billion worth of deals for a trust that a sanctioned Russian oligarch held a concealed stake in, Bloomberg reported. Citi shares were down 0.5%.

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