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Sector Update: Financial
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Sector Update: Financial
Sep 30, 2025 1:02 PM

03:36 PM EDT, 09/30/2025 (MT Newswires) -- Financial stocks were decreasing in late Tuesday afternoon trading, with the NYSE Financial Index shedding 0.7% and the Financial Select Sector SPDR Fund (XLF) down 0.6%.

The Philadelphia Housing Index eased 0.1%, and the Real Estate Select Sector SPDR Fund (XLRE) was up 0.3%.

Bitcoin (BTC-USD) was declining 0.5% to $113,830, and the yield for 10-year US Treasuries was slightly higher at nearly 4.15%.

In economic news, a meeting between Republicans and Democrats on Monday yielded no progress on a spending bill to avert a partial government shutdown, which could begin as soon as Wednesday, news outlets reported.

US job openings rose to 7.227 million in August, beating expectations of 7.2 million and slightly above July's 7.208 million.

The Conference Board's consumer confidence index fell to 94.2 in September, below forecasts and its lowest since April 2025.

In corporate news, Ares Management ( ARES ) Private Equity funds has agreed to buy a "significant" minority stake in EP Wealth Advisors. Ares shares were down 3.7%.

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