Sector Update: Financial

03:45 PM EDT, 09/30/2026 (MT Newswires) -- Financial stocks were lower in late Wednesday afternoon trading, with the NYSE Financial Index and the State Street Financial Select Sector SPDR ETF (XLF) each shedding 0.9%. The Philadelphia Housing Index was decreasing 0.9%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was down 0.8%. Bitcoin (BTC-USD) was up 0.4% at $83,772, and the yield for 10-year US Treasuries rose 3.8 basis points to 5.29%. In corporate news, Ally Financial (ALLY) shares were down 0.7% after Wells Fargo downgraded the company's stock to equalweight from overweight and lowered its price target to $42 from $55.