Sector Update: Financial

MT Newswires Live
Yesterday

Financial stocks were lower in Tuesday afternoon trading, with the NYSE Financial Index decreasing 0.7% and the State Street Financial Select Sector SPDR ETF (XLF) off 0.6%.

The Philadelphia Housing Index was falling 1.1%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was down 0.5%.

Bitcoin (BTC-USD) was declining 1% to $83,089, and the yield for 10-year US Treasuries was rising 4 basis points to 5.29%.

In corporate news, Fair Isaac (FICO) shares fell past 25% after US Federal Housing Finance Agency Director Bill Pulte said late Monday on X that VantageScore will join the existing FICO classic mortgage pricing grid. Vantage Score is operated by VantageScore Solutions, a private joint venture owned by Equifax (EFX), Experian and TransUnion (TRU). Equifax and TransUnion shares were down 3.9% and 4.7% respectively.

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