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Sector Update: Financial

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Financial stocks were slightly higher in late Friday afternoon trading, with the NYSE Financial Index and the State Street Financial Select Sector SPDR ETF (XLF) each fractionally higher.

The Philadelphia Housing Index was decreasing 0.3%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was shedding 0.5%.

Bitcoin (BTC-USD) was falling 2.7% to $62,986, and the yield for 10-year US Treasuries climbed 8.2 basis points to 4.745%.

In sector news, Jefferies Financial's (JEF) Point Bonita fund is one of at least two creditors currently reviewing their exposure to Radiant World after two trading houses found invoices or other documents the company provided to banks were not valid, Bloomberg reported. Jefferies shares were steady.

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Sector Update: Energy Stocks Higher Late Afternoon

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Sectors

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