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Sector Update: Financial
Aug 14, 2025 12:47 PM

03:24 PM EDT, 08/14/2025 (MT Newswires) -- Financial stocks advanced late Thursday afternoon trading, with the NYSE Financial Index up 0.2% and the Financial Select Sector SPDR Fund (XLF) adding 0.5%.

The Philadelphia Housing Index was falling 1.1%, and the Real Estate Select Sector SPDR Fund (XLRE) was shedding 0.6%.

Bitcoin (BTC-USD) was declining 3.2% to $118,225, and the yield for 10-year US Treasuries increased 4.9 basis points to 4.29%.

In economic news, the US Producer Price Index rose 0.9% in July from flat in June, above the 0.2% forecast in a survey compiled by Bloomberg and the largest monthly gain since June 2022, according to the Bureau of Labor Statistics.

In corporate news, Texas Pacific Land ( TPL ) shares rose 3.7% after the company said it was launching a dual listing of its shares on the NYSE Texas.

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