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
Aug 4, 2026 10:49 AM

01:17 PM EDT, 08/04/2026 (MT Newswires) -- Financial stocks were advancing in Tuesday afternoon trading, with the NYSE Financial Index rising 0.5% and the State Street Financial Select Sector SPDR ETF (XLF) adding 1%.

The Philadelphia Housing Index was climbing 1.7%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was down 0.2%.

Bitcoin (BTC-USD) was increasing 1% to $64,073, and the yield for 10-year US Treasuries was dropping 5.7 basis points to 4.629%.

In corporate news, Apollo Global Management ( APO ) shares rose 1.3%. The company reported Q2 adjusted earnings Tuesday of $2.11 per share, up from $1.92 a year earlier. Analysts surveyed by FactSet expected $2.16. Revenue for the quarter was $11.15 billion, up from $6.81 billion a year earlier. Analysts expected $5.65 billion.

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 >
Copyright 2023-2026 - www.financetom.com All Rights Reserved