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Sector Update: Financial
Oct 21, 2025 12:46 PM

03:29 PM EDT, 10/21/2025 (MT Newswires) -- Financial stocks were mixed in late Tuesday afternoon trading with the NYSE Financial Index easing 0.1% and the Financial Select Sector SPDR Fund (XLF) up 0.1%.

The Philadelphia Housing Index climbed 1.9%, and the Real Estate Select Sector SPDR Fund (XLRE) shed 0.4%.

Bitcoin (BTC-USD) rose 1.3% to $112,003, and the yield for 10-year US Treasuries shed 2.3 basis points to 3.96%.

In economic news, the current US federal government shutdown is the 15th since 1981 and is tied for the second-longest in US history as the political stalemate entered its 21st day, USA Today reported. No votes are scheduled on Capitol Hill on Tuesday.

In corporate news, PayPal ( PYPL ) will raise its stake in German e-commerce firm Shopware to 41% from 11% after striking a deal to take a stake from a Carlyle (CG) fund, Bloomberg reported. PayPal ( PYPL ) shares added 1%, and Carlyle was little changed.

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