03:55 PM EDT, 07/17/2026 (MT Newswires) -- Financial stocks fell in late Friday afternoon trading with the NYSE Financial Index declining 1% and the State Street Financial Select Sector SPDR ETF (XLF) shedding 0.9%.

The Philadelphia Housing Index lost 2.3%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was little changed.

Bitcoin (BTC-USD) rose 0.7% to $64,215, and the yield for 10-year US Treasuries shed 2.8 basis points to 4.541%.

In economic news, the University of Michigan's preliminary consumer sentiment index rose to 54.4 in July from 49.5 in June, above expectations for a gain to 51.0 in a survey compiled by Bloomberg.

In corporate news, Jefferies Financial ( JEF ) evacuated its Manhattan offices after a fire broke out at the Papillon restaurant, prompting the bank to temporarily close its headquarters, Bloomberg reported. Jefferies shares fell 1.8%.

Truist Financial's ( TFC ) Q2 earnings topped Wall Street estimates amid higher investment-banking, trading and wealth-management income, while the company tempered its full-year revenue-growth outlook. Truist shares fell 1.1%.

Fifth Third Bancorp ( FITB ) reported a steeper-than-expected drop in Q2 profit, while Regions Financial's ( RF ) revenue fell short of Wall Street's estimates. Fifth Third shares fell 2.6%, and Regions dropped 2.3%.

Travelers' (TRV) Q2 earnings unexpectedly increased, while the property and casualty insurer's written premiums came in ahead of market estimates. The shares jumped 9.2%.