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Sector Update: Financial
Mar 11, 2026 12:53 PM

03:36 PM EDT, 03/11/2026 (MT Newswires) -- Financial stocks were lower in late Wednesday afternoon trading, with the NYSE Financial Index falling 1.2% and the State Street Financial Select Sector SPDR ETF (XLF) retreating 1%.

The Philadelphia Housing Index was dropping 1.7%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was down 1.4%.

Bitcoin (BTC-USD) was increasing 0.8% to $70,533, and the yield for 10-year US Treasuries rose 7.2 basis points to 4.21%.

In economic news, the US seasonally adjusted consumer price index rose 0.3% in February, as expected in a Bloomberg-compiled survey and following a 0.2% increase in January, according to data released Wednesday by the Bureau of Labor Statistics.

In corporate news, Fair Isaac ( FICO ) shares fell past 8% after it said Wednesday it plans a $1 billion private offering of senior notes due 2034.

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