Sector Update: Financial

03:26 PM EST, 11/04/2026 (MT Newswires) -- Financial stocks were advancing in late Wednesday afternoon trading, with the NYSE Financial Index rising 3.3% and the State Street Financial Select Sector SPDR ETF (XLF) adding 3.2%. The Philadelphia Housing Index popped 5.8%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was up 2.9%. Bitcoin (BTC-USD) was increasing 3.6% to $80,100, and the yield for 10-year US Treasuries was shedding 5.8 basis points to 4.894%. In corporate news, Panamint Capital, minority-owned by KKR's (KKR) subsidiary Global Atlantic Financial, has reached financial close on the first phase of a $1.8 billion green loan to back construction of the Big Rooter Power solar project in Texas. KKR shares were up 5%.