financetom
Market
financetom
/
Market
/
Sector Update: Financial Stocks Mixed in Afternoon Trading
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Financial Stocks Mixed in Afternoon Trading
Oct 21, 2025 11:25 AM

02:00 PM EDT, 10/21/2025 (MT Newswires) -- Financial stocks were mixed in Tuesday afternoon trading with the NYSE Financial Index little changed, erasing earlier gains, and the Financial Select Sector SPDR Fund (XLF) adding 0.1%.

The Philadelphia Housing Index advanced 1.9%, and the Real Estate Select Sector SPDR Fund (XLRE) eased 0.2%.

Bitcoin (BTC-USD) rose 1.5% to $112,033, and the yield for 10-year US Treasuries shed 2.9 basis points to 3.96%.

In economic news, the current US federal government shutdown is the 15th since 1981 and is tied for the second-longest in US history as the political stalemate entered its 21st day, USA Today reported. No votes are scheduled on Capitol Hill on Tuesday.

In corporate news, Hologic (HOLX) agreed to be acquired by funds managed by Blackstone (BX) and TPG (TPG) in a deal worth up to $18.3 billion, or up to $79 per share. Blackstone shares rose 0.7%, and TPG added 1.3%.

Citigroup ( C ) , Barclays (BCS) and Bank of America (BAC) are arranging $12.25 billion in debt to back Blackstone and TPG's Hologic acquisition, Bloomberg reported. Citi shares fell 0.8%, Barclays ( BCS ) eased 0.2%, and Bank of America ( BAC ) shed 0.5%.

Apollo Global Management ( APO ) , KKR (KKR) and Carlyle (CG), alongside Cerberus, discussed pitching large-scale projects to help finance a $150 billion US Army infrastructure program, the Financial Times reported, citing an interview with Army Secretary Daniel Driscoll. Apollo shares rose 0.7%, KKR climbed 2.5%, and Carlyle was little changed.

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 >
Sector Update: Financial
Sector Update: Financial
Jan 2, 2025
01:28 PM EST, 01/02/2025 (MT Newswires) -- Financial stocks were decreasing in Thursday afternoon trading, with the NYSE Financial Index shedding 0.4% and the Financial Select Sector SPDR Fund (XLF) down 0.5%. The Philadelphia Housing Index was falling 1.2%, and the Real Estate Select Sector SPDR Fund (XLRE) was down 0.9%. Bitcoin (BTC-USD) was increasing 3.1% to $96,826, and the...
Top Midday Gainers
Top Midday Gainers
Jan 2, 2025
01:22 PM EST, 01/02/2025 (MT Newswires) -- N2OFF ( NITO ) said Thursday it won approval to submit a statutory plan for its 111 MWp solar photovoltaic joint-venture project in Melz, Germany. Shares more than quadrupled as intraday trading volume catapulted to over 525 million from a daily average of about 3.2 million. Meanwhile, Carmell ( CTCX ) said Thursday...
Sector Update: Energy
Sector Update: Energy
Jan 2, 2025
01:26 PM EST, 01/02/2025 (MT Newswires) -- Energy stocks were higher Thursday afternoon, with the NYSE Energy Sector Index rising 1.1% and the Energy Select Sector SPDR Fund (XLE) up 0.7%. The Philadelphia Oil Service Sector index climbed 1.6%, and the Dow Jones US Utilities index was adding 0.4%. US crude oil stocks, including those in the Strategic Petroleum Reserve,...
Exchange-Traded Funds, US Equities Lower After Midday Trading
Exchange-Traded Funds, US Equities Lower After Midday Trading
Jan 2, 2025
01:15 PM EST, 01/02/2025 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded fund IWM and IVV were lower. Actively traded Invesco QQQ Trust (QQQ) fell 0.8%. US equity indexes fell, giving up earlier gains, after government bond yields turned the corner and the dollar appreciated strongly in midday trading on Thursday. Energy iShares US Energy ETF (IYE) and Energy Select...
Copyright 2023-2026 - www.financetom.com All Rights Reserved