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Sector Update: Financial Stocks Rise Tuesday Afternoon
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Sector Update: Financial Stocks Rise Tuesday Afternoon
Nov 4, 2025 11:24 AM

01:54 PM EST, 11/04/2025 (MT Newswires) -- Financial stocks were advancing in Tuesday afternoon trading, with the NYSE Financial Index up 0.1% and the Financial Select Sector SPDR Fund (XLF) adding 0.3%.

The Philadelphia Housing Index was fractionally higher, and the Real Estate Select Sector SPDR Fund (XLRE) was down 0.2%.

Bitcoin (BTC-USD) was falling 5.8% to $100,427.60, and the yield for 10-year US Treasuries was decreasing 2 basis points to 4.09%.

In corporate news, Apollo Global Management ( APO ) shares jumped 6% after the company reported higher Q3 adjusted net income and revenue.

Whitestone REIT's ( WSR ) shareholder MCB Real Estate has proposed buying all outstanding shares of the company for $15.20 per share in cash. Whitestone shares climbed 5.8%.

Global Payments ( GPN ) shares rose 2.6% after the company reported higher Q3 adjusted earnings and revenue.

Goldman Sachs ( GS ) and HSBC ( HSBC ) were named among the banks that held accounts used by convicted sex offender Jeffrey Epstein to move funds, Bloomberg reported Tuesday, citing legal filings. Goldman shares were up 0.9%, and HSBC ( HSBC ) was shedding 0.9%.

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