Sector Update: Financial

3:14 PM ET 12/08/2025 - MT Newswires

The Philadelphia Housing Index was falling 1.3%, and the Real Estate Select Sector SPDR Fund (XLRE) was 0.4% lower.

Bitcoin (BTC-USD) was easing nearly 1% to $90,461.9, and the yield for 10-year US Treasuries rose 3.3 basis points to 4.17%.

In corporate news, JPMorgan Chase (JPM) said Monday that Todd Combs, investment manager at Berkshire Hathaway (BRK.A, BRK.B), chief executive officer of GEICO, and a former member of JPMorgan Chase's board, will lead the $10 billion Strategic Investment Group in the firm's new security and resiliency initiative. JPMorgan shares were down 0.2%.

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