Sector Update: Financial

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Sector Update: Financial

, MT Newswires - 1:37 PM ET 4/14/2025 default

01:37 PM EDT, 04/14/2025 (MT Newswires) -- Financial stocks were advancing in Monday afternoon trading, with the NYSE Financial Index rising 1.1% and the Financial Select Sector SPDR Fund (XLF) ahead 1.2%.

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

Bitcoin (BTC-USD) was 0.2% lower at $84,556, and the yield for 10-year US Treasuries was falling 8 basis points to 4.41%.

In corporate news, Goldman Sachs' ( GS ) Q1 results surpassed market estimates as equities-trading revenue hit record levels, while CEO David Solomon said market volatility is expected to continue amid policy uncertainty. Its shares rose 2.4%.

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