Financial stocks were lower in Friday afternoon trading, with the NYSE Financial Index down 0.1% and the State Street Financial Select Sector SPDR ETF (XLF) decreasing 0.6%.

The Philadelphia Housing Index was slipping 0.4%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was fractionally lower.

Bitcoin (BTC-USD) was adding 0.5% to $77,629, and the yield for 10-year US Treasuries was decreasing 1.3 basis points to 4.31%.

In economic news, the University of Michigan consumer sentiment index was revised upwards Friday to a reading of 49.8 for April from the 47.6 print in the preliminary estimate, compared with expectations for a smaller upward revision to 48.5 in a survey compiled by Bloomberg.

In sector news, US Attorney General for DC Jeanine Pirro said Friday on X that she has ordered her office to close its investigation into Federal Reserve Chair Jerome Powell.

In corporate news, Western Union (WU) shares dropped 3.4% after it reported Q1 adjusted earnings Friday that declined year on year and missed analysts' estimates.

Apollo Commercial Real Estate Finance (ARI) shares added 0.6% after it said Friday that it has completed the sale of its $9 billion commercial real estate loan portfolio to Athene Holding, following an agreement announced in January.

KKR (KKR) and investment management company Capital Group are planning to launch a public-private credit fund in Asia this year, Bloomberg reported. The fund is expected to launch in H2 and follows a similar one started by the two companies in the US in 2025, Bloomberg reported, citing Capital Group Chief Executive Mike Gitlin. KKR shares increased 0.6%.