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Sector Update: Financial
Mar 17, 2026 12:51 PM

03:25 PM EDT, 03/17/2026 (MT Newswires) -- Financial stocks were advancing in late Tuesday afternoon trading, with the NYSE Financial Index up 0.7% and the State Street Financial Select Sector SPDR ETF (XLF) adding 0.8%.

The Philadelphia Housing Index was increasing 0.7%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) rose 0.6%.

Bitcoin (BTC-USD) was shedding 0.1% to $74,806, and the yield for 10-year US Treasuries decreased 1.8 basis points to 4.20%.

In corporate news, UBS (UBS) is still trying to persuade the Swiss government to soften its plans for fresh capital requirements ahead of a decision expected in April, Bloomberg reported. A parliament document shows the executive arm will decide on proposal for capital backing of UBS's foreign units and is also expected to set new rules for valuing intangible capital, the report said. UBS shares rose 1.7%.

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