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Sector Update: Financial
Apr 2, 2025 11:11 AM

01:37 PM EDT, 04/02/2025 (MT Newswires) -- Financial stocks advanced in Wednesday afternoon trading with the NYSE Financial Index rising 0.9% and the Financial Select Sector SPDR Fund (XLF) adding 0.7%.

The Philadelphia Housing Index climbed 1.2%, and the Real Estate Select Sector SPDR Fund (XLRE) was up 0.3%.

Bitcoin (BTC-USD) increased 1.8% to $86,731, and the yield for 10-year US Treasuries rose 6.2 basis points to 4.22%.

In economic news, President Donald Trump will unveil import tariffs on US global trading partners at 4 pm ET at the White House.

ADP's monthly measure of private payrolls showed a 155,000 increase in March, above expectations for a 120,000 increase in a Bloomberg survey.

In corporate news, Goldman Sachs ( GS ) is being allowed by President Vladimir Putin to sell shares of Russia's largest energy producers, Bloomberg reported. Goldman shares rose 2.7%.

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