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Sector Update: Financial
Nov 25, 2025 10:39 AM

01:28 PM EST, 11/25/2025 (MT Newswires) -- Financial stocks were advancing in Tuesday afternoon trading, with the NYSE Financial Index rising 1.3% and the Financial Select Sector SPDR Fund (XLF) adding 1.2%.

The Philadelphia Housing Index was climbing 3.8%, and the Real Estate Select Sector SPDR Fund (XLRE) was increasing 1.1%.

Bitcoin (BTC-USD) was declining 0.7% to $87,685, and the yield for 10-year US Treasuries was dropping 5 basis points to 3.99%.

In corporate news, BlackRock ( BLK ) is looking to boost its investments in the Middle East over the next few years, particularly in Saudi Arabia, Bloomberg reported. The asset management giant has already invested more than $35 billion in Saudi equities, fixed income and infrastructure, and now has four investment teams in the Saudi capital Riyadh, Bloomberg reported, citing Kashif Riaz, the head of BlackRock's ( BLK ) Financial Markets Advisory business in the Middle East, and its Riyadh-based investment management platform. BlackRock ( BLK ) shares rose 1%.

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