03:58 PM EST, 11/17/2025 (MT Newswires) -- Financial stocks were decreasing in late Monday afternoon trading, with the NYSE Financial Index and the Financial Select Sector SPDR Fund (XLF) each falling 1.9%.
The Philadelphia Housing Index was dropping 2.5%, and the Real Estate Select Sector SPDR Fund (XLRE) was down 0.8%.
Bitcoin (BTC-USD) was falling 2.6% to $91,792, and the yield for 10-year US Treasuries decreased 2 basis points to 4.13%.
In corporate news, Corebridge Financial ( CRBG ) shares dropped 4.3% after Morgan Stanley downgraded the stock to equalweight from overweight.
UBS (UBS) Chair Colm Kelleher has privately discussed moving the bank's headquarters to the US with Treasury Secretary Scott Bessent, the Financial Times reported. Separately, bondholders of the failed Credit Suisse are seeking new ways to recoup their losses from UBS after a court ruled that the bank's previous attempt to write off 16.5 billion Swiss francs ($20.77 billion) in debt last month was not legal, the Financial Times reported. UBS shares were down 1.6%.
Berkshire Hathaway ( BRK/A ) (BRK.A, BRK.B) disclosed late Friday in a regulatory filing that it has a $4.3 billion stake in Alphabet (GOOG). Berkshire Class A and Class B shares were both shedding around 1%.
Comerica ( CMA ) is facing pressure from HoldCo Asset Management to disclose more information about its agreement to be acquired by Fifth Third Bancorp ( FITB ) , with the activist investor calling the sale process "flawed," Bloomberg reported, citing a HoldCo presentation. Comerica ( CMA ) shares fell 3.2%, and Fifth Third dropped 3.3%.