Sector Update: Financial

03:45 PM EDT, 09/29/2026 (MT Newswires) -- Financial stocks declined in late Tuesday afternoon trading, with the NYSE Financial Index decreasing 0.4% and the State Street Financial Select Sector SPDR ETF (XLF) off 0.3%. The Philadelphia Housing Index was falling 0.7%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was down 0.1%. Bitcoin (BTC-USD) was increasing 0.1% to $83,514, and the yield for 10-year US Treasuries rose 1 basis point to 5.26%. In corporate news, Hypertec Group CEO Simon Ahdoot said Montreal-based data center firm 5C Group may go public as it ramps up its project pipeline, Bloomberg reported. 5C was formed when Hypertec Cloud spun out of Hypertec Group and acquired 5C Data Centers in 2025, the report said. Since 2025, 5C has secured funding of over $1.4 billion, including equity financing led by Brookfield Asset Management (BAM) and debt financing led by Deutsche Bank (DB), the report said. Brookfield shares were up 0.7%, and Deutsche was slightly higher.