Shares of banks and other financial institutions rose slightly as traders bet the sector would benefit from rising stock and bond markets.

The two-year Treasury yields saw their largest quarterly decline since 2020, while stock indexes also gained sharply for the quarter.

BlackRock shares finished at all-time highs, up 18% for the year as the world's largest money manager by assets under management was set to see higher fees from in-flows and market gains in its mutual-fund and exchange-traded funds.

Another investment giant, Fidelity Investments, put stricter guardrails on the deposits customers make through its mobile app, hitting back against an alleged check-fraud scheme that targeted the investing giant earlier this month.