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Sector Update: Financial
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Sector Update: Financial
Oct 24, 2025 1:05 PM

03:35 PM EDT, 10/24/2025 (MT Newswires) -- Financial stocks advanced in late Friday afternoon trading, with the NYSE Financial Index up 1% and the Financial Select Sector SPDR Fund (XLF) adding 1.3%.

The Philadelphia Housing Index rose 0.1%, and the Real Estate Select Sector SPDR Fund (XLRE) increased 0.6%.

Bitcoin (BTC-USD) added 0.3% to $110,928, and the yield for 10-year US Treasuries was one basis point higher at 4.00%.

In corporate news, Coinbase (COIN) shares jumped nearly 10% after JPMorgan upgraded the crypto trading platform company to overweight from neutral and raised its price target to $404 from $342.

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