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Sector Update: Financial
Oct 20, 2025 1:00 PM

03:31 PM EDT, 10/20/2025 (MT Newswires) -- Financial stocks were advancing in late Monday afternoon trading, with the NYSE Financial Index up 1.1% and the Financial Select Sector SPDR Fund (XLF) rising 1.3%.

The Philadelphia Housing Index increased 0.5%, and the Real Estate Select Sector SPDR Fund (XLRE) gained 1%.

Bitcoin (BTC-USD) was increasing 1.9% to $110,690, and the yield for 10-year US Treasuries was shedding 2 basis points to 3.99%.

In economic news, the partial US federal government shutdown entered its 20th day on Monday, making it the third-longest shutdown in the country's history, according to media reports. The shutdown "is likely to end sometime this week" as "moderate" Democrats come together to strike a deal, Kevin Hassett, National Economic Council director, told CNBC.

In corporate news, Blackstone (BX) and TPG (TPG) are in advanced talks to buy Hologic ( HOLX ) , in a deal that may value the medical device maker at more than $17 billion including debt, Bloomberg reported. Blackstone shares rose 2.7%, TPG added 2.3%, and Hologic ( HOLX ) gained 3%.

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