
Sector Update: Financial Stocks Rise Wednesday Afternoon

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Financial stocks rose Wednesday afternoon, with NYSE Financial Index up 0.8% and XLF up 1.2%. Bitcoin increased 1.9% to $93,102. US private sector employment fell by 32,000 in November, contrary to expectations. Prudential Financial considers selling its stake in Alexforbes. Royal Bank of Canada reported higher Q4 earnings, boosting shares by 1.1%. BBVA's CEO stated no M&A plans in Italy, causing shares to drop 0.5%.

