financetom
Market
financetom
/
Market
/
Sector Update: Financial
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Financial
Apr 10, 2026 11:03 AM

01:31 PM EDT, 04/10/2026 (MT Newswires) -- Financial stocks were lower Friday afternoon, with the NYSE Financial Index decreasing 0.6% and the State Street Financial Select Sector SPDR ETF (XLF) falling 1.2%.

The Philadelphia Housing Index was down 0.5%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was little changed.

Bitcoin (BTC-USD) was increasing 1.5% to $72,873, and the yield for 10-year US Treasuries rose 2.6 basis points to nearly 4.32%.

In economic news, US consumer inflation accelerated to its highest monthly reading in nearly four years in March as the Middle East conflict sent energy prices sharply higher. The consumer price index advanced 0.9% last month, its strongest pace of growth since June 2022, the Bureau of Labor Statistics reported Friday. The latest print met a Bloomberg-polled consensus view. Prices rose 0.3% in February. Annually, inflation grew to 3.3% from February's 2.4% rise, falling short of Wall Street's 3.4% projection.

In corporate news, Fair Isaac ( FICO ) shares dropped 13% after Barclays cut its price target on the stock to $1,950 from $2,400 while maintaining its overweight rating.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Sector Update: Tech
Sector Update: Tech
Aug 15, 2025
08:52 AM EDT, 08/15/2025 (MT Newswires) -- Technology stocks were declining premarket Friday, with the Technology Select Sector SPDR Fund (XLK) down 0.3% and the SPDR S&P Semiconductor ETF (XSD) 0.2% lower. Applied Materials ( AMAT ) stock was down more than 13% after the company issued fiscal Q4 guidance below market expectations, overshadowing its fiscal Q3 earnings and revenue...
Sector Update: Health Care
Sector Update: Health Care
Aug 15, 2025
08:59 AM EDT, 08/15/2025 (MT Newswires) -- Health care stocks were rising premarket Friday, with the Health Care Select Sector SPDR Fund (XLV) 1.1% higher and the iShares Biotechnology ETF (IBB) up 0.4%. UnitedHealth Group ( UNH ) shares were up over 10% after Berkshire Hathaway ( BRK/A ) (BRK.A, BRK.B) disclosed in a filing that it purchased over 5...
Sector Update: Health Care Stocks Rise Premarket Friday
Sector Update: Health Care Stocks Rise Premarket Friday
Aug 15, 2025
09:17 AM EDT, 08/15/2025 (MT Newswires) -- Health care stocks were rising premarket Friday, with The Health Care Select Sector SPDR Fund ( XLV ) 1% higher and the iShares Biotechnology ETF (IBB) up 0.4%. UnitedHealth Group ( UNH ) shares were up over 11% after Berkshire Hathaway ( BRK/A ) (BRK.A, BRK.B) disclosed in a filing that it purchased...
Sector Update: Tech Stocks Decline Premarket Friday
Sector Update: Tech Stocks Decline Premarket Friday
Aug 15, 2025
09:24 AM EDT, 08/15/2025 (MT Newswires) -- Technology stocks were declining premarket Friday, with the Technology Select Sector SPDR Fund (XLK) down 0.3% and the SPDR S&P Semiconductor ETF ( XSD ) 0.2% lower. Applied Materials ( AMAT ) stock was down more than 13% after the company issued fiscal Q4 guidance below market expectations, overshadowing its fiscal Q3 earnings...
Copyright 2023-2026 - www.financetom.com All Rights Reserved