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Sector Update: Financial
May 22, 2026 10:49 AM

01:23 PM EDT, 05/22/2026 (MT Newswires) -- Financial stocks were advancing in Friday afternoon trading, with the NYSE Financial Index increasing 0.3% and the State Street Financial Select Sector SPDR ETF (XLF) adding 0.6%.

The Philadelphia Housing Index was decreasing 0.2%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was little changed.

Bitcoin (BTC-USD) was declining 0.9% to $76,888, and the yield for 10-year US Treasuries was down 1.4 basis points at 4.57%.

In corporate news, KKR-backed (KKR) space company OHB and weapons manufacturer KNDS are considering moving their planned share sales to avoid a clash with SpaceX's (SPCX) initial public offering in the US, Bloomberg reported. KKR shares were down 0.5%.

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