Financial stocks were decreasing in Tuesday afternoon trading, with the NYSE Financial Index easing 0.1% and the State Street Financial Select Sector SPDR ETF (XLF) down 0.3%.

The Philadelphia Housing Index was falling 1.2%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was down 0.3%.

Bitcoin (BTC-USD) was increasing 3.6% to $93,914, and the yield for 10-year US Treasuries was slightly higher at 4.18%.

In economic news, US job openings rose to 7.670 million in October, according to the Bureau of Labor Statistics, above the 7.117 million expected in a survey compiled by Bloomberg and up from the 7.658 million reported in September. The October level represents 4.6% of total employment, unchanged from September and from a year earlier. However, hiring fell to 5.149 million from 5.367 million in September, lowering the hiring rate to 3.2% from 3.4%, according to the BLS.

In corporate news, Wells Fargo (WFC) Chief Executive Charlie Scharf said Tuesday he expects the company's headcount to decline partly due to the use of AI technology, according to a FactSet transcript of his remarks at a Goldman Sachs financial services event. Wells Fargo shares were down 1.2%.

JPMorgan Chase's (JPM) investment management division JPMorgan Asset Management is looking to convert two municipal-bond mutual funds with over $840 million of assets into exchange-traded funds in 2026, Bloomberg reported. JPMorgan shares were falling 4.4%.

Blackstone (BX) Chief Executive Stephen Schwarzman downplayed market concerns that private credit was to blame for recent bankruptcies in the auto sector, Reuters reported. The bankruptcies in October were bank-led transactions and "private credit was sort of not in the room," the report quoted Schwarzman as saying in a video presentation during Abu Dhabi Finance Week. Blackstone shares were rising 3.4%.