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Sector Update: Financial
Jun 4, 2026 10:49 AM

01:32 PM EDT, 06/04/2026 (MT Newswires) -- Financial stocks were higher in Thursday afternoon trading, with the NYSE Financial Index rising 2.2% and the State Street Financial Select Sector SPDR ETF (XLF) climbing 2.5%.

The Philadelphia Housing Index increased 0.5%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) added 1%.

Bitcoin (BTC-USD) was falling 1.4% to $63,157, and the yield for 10-year US Treasuries decreased 2.2 basis points to 4.469%.

In corporate news, Bank of America ( BAC ) shares rose 2.9% after it said Thursday it plans to introduce a cross-border real-time payment service for corporate and financial institution clients to instantly transfer funds via Swift or its digital CashPro system.

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