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Sector Update: Financial
Mar 20, 2026 10:43 AM

01:15 PM EDT, 03/20/2026 (MT Newswires) -- Financial stocks were mixed in Friday afternoon trading, with the NYSE Financial Index down 0.5% and the State Street Financial Select Sector SPDR ETF (XLF) adding 0.7%.

The Philadelphia Housing Index fell 2%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) dropped 1.6%.

Bitcoin (BTC-USD) was easing 0.1% to $69,833, and the yield for 10-year US Treasuries climbed 9.1 basis points to 4.37%.

In corporate news, Ecolab (ECL) agreed to buy CoolIT Systems from KKR (KKR) in a $4.75 billion deal as tech companies increasingly prefer liquid cooling for AI-driven data centers. KKR shares were down 0.4%.

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