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Sector Update: Financial Stocks Edge Up Late Afternoon
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Sector Update: Financial Stocks Edge Up Late Afternoon
Nov 18, 2025 5:51 PM

04:01 PM EST, 11/18/2025 (MT Newswires) -- Financial stocks edged up late Tuesday afternoon trading, with the NYSE Financial Index and the Financial Select Sector SPDR Fund (XLF) each fractionally higher.

The Philadelphia Housing Index rose 0.5%, and the Real Estate Select Sector SPDR Fund (XLRE) increased 0.4%.

Bitcoin (BTC-USD) was increasing 1% to $93,060, and the yield for 10-year US Treasuries was shedding 1 basis point to 4.12%.

In economic news, new orders for US factory goods, excluding a 7.9% increase in transportation orders, rose 0.1% after a 0.5% gain in July. Factory shipments fell 0.1%, while unfilled orders rose 0.6%.

The National Association of Home Builders' monthly housing market index climbed to 38 in November from 37 in October, compared with expectations for no change in a Bloomberg survey. The index was still below the 46 print a year earlier.

A weekly measure of private payrolls from Automatic Data Processing showed a preliminary average decrease of 2,500 jobs in the four weeks ending on Nov. 1. This is the third national employment weekly report published by ADP.

In corporate news, Chaince Digital ( CD ) said Tuesday that a wide range of global asset managers, hedge funds, banks and ETF sponsors are increasing their position in the company, citing 13F filings in October and November. Chaince was down 4.7%.

Artisan Partners Asset Management ( APAM ) said it has agreed to buy real estate private equity firm, Grandview Property Partners, as part of its strategic expansion into alternative asset classes. Artisan shares gained 0.4%.

ING (ING) shares were down 1.7%. The company said it has struck a deal with Goldman Sachs ( GS ) to acquire the remaining 55% stake it did not yet own in Goldman Sachs TFI. Goldman shares rose 0.6%.

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