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Sector Update: Financial
Sep 12, 2025 12:42 PM

03:19 PM EDT, 09/12/2025 (MT Newswires) -- Financial stocks fell in late Friday afternoon trading with the NYSE Financial Index and the Financial Select Sector SPDR Fund (XLF) each down 0.3%.

The Philadelphia Housing Index dropped 1.5%, and the Real Estate Select Sector SPDR Fund (XLRE) eased 0.2%.

Bitcoin (BTC-USD) rose 0.8% to $116,472, and the yield for 10-year US Treasuries gained 5 basis points to 4.06%.

In economic news, the University of Michigan's preliminary consumer sentiment index declined to 55.4 in September from 58.2 in August, missing the estimate of 58 from a survey compiled by Bloomberg.

In corporate news, Blue Owl Capital (OWL) and Oak Hill Advisors are leading a group of private credit firms to provide $1.3 billion of debt to residential services company Wrench, Bloomberg reported. Blue Owl Capital shares gained 0.1%.

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