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Sector Update: Financial Stocks Mixed Friday Afternoon
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Sector Update: Financial Stocks Mixed Friday Afternoon
Nov 7, 2025 11:28 AM

02:07 PM EST, 11/07/2025 (MT Newswires) -- Financial stocks were mixed in Friday afternoon trading, with the NYSE Financial Index easing 0.1% and the Financial Select Sector SPDR Fund (XLF) adding 0.1%.

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

Bitcoin (BTC-USD) was increasing 0.8% to $102,581, and the yield for 10-year US Treasuries was decreasing 1.6 basis points to 4.08%.

The University of Michigan's preliminary consumer sentiment index fell to 50.3 in November from 53.6 in October, below the 53.0 forecast in a survey compiled by Bloomberg.

In corporate news, TPG (TPG) has made a binding offer of about 1 billion euros ($1.15 billion) for Nexi's digital banking unit, Bloomberg reported. TPG shares were 0.1% higher.

KKR (KKR) stock was up 1% after the company posted higher Q3 adjusted earnings and revenue.

Blackstone (BX) President Jonathan Gray said Japan's market for mergers and acquisitions will remain attractive to foreign investors, even as the government moves toward stricter screening, Nikkei Asia reported. Blackstone shares added 0.5%.

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