Sector Update: Financial Stocks Rise in Afternoon Trading

Key Summary

Financial stocks rose in Monday afternoon trading, with the NYSE Financial Index and the State Street Financial Index gaining 0.71% and 0.66% respectively. The Dow Jones Industrial Average rose 130.95 points, or 0.26%, to 51,307.91. The S&P 500 index also increased, rising 55.06 points to 7,777.78. Bitcoin rose 0.22% to $85,510.23, while gold prices increased 0.02% to $4,163.30. The 10-year Treasury yield rose 0.07% to 5.34, and the VIX index gained 1.89% to 15.60.