Sector Update: Financial

MT Newswires Live
07/07

Financial stocks were advancing in Monday afternoon trading, with the NYSE Financial Index rising 0.8% and the State Street Financial Select Sector SPDR ETF (XLF) adding 0.7%.

The Philadelphia Housing Index was falling 1.6%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was down 1.1%.

Bitcoin (BTC-USD) was increasing 0.5% to $63,874, and the yield for 10-year US Treasuries was slightly lower at 4.48%.

In corporate news, Brookfield (BN) has won a key court ruling giving it a central role in the sale of bankrupt solar company GoldenPeaks Poland, the lawsuit said Monday. Brookfield shares rose 1.5%.

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