Sector Update: Financial

MT Newswires Live06-10 03:19

Financial stocks were higher in late Tuesday afternoon trading, with the NYSE Financial Index increasing 1.1% and the State Street Financial Select Sector SPDR ETF (XLF) adding 0.8%.

The Philadelphia Housing Index climbed 3.4%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) rose 2.2%.

Bitcoin (BTC-USD) was falling 2.1% to $61,759, and the yield for 10-year US Treasuries was decreasing 2.4 basis points to 4.528%.

In corporate news, Klarna (KLAR) has introduced US savings accounts with FDIC insurance, no minimum balance or fees, and interest rates above 3% annual percentage yield. Its shares rose 0.2%.

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