Financial stocks were advancing in late Monday afternoon trading, with the NYSE Financial Index rising 0.2% and the State Street Financial Select Sector SPDR ETF (XLF) ahead 0.5%.

The Philadelphia Housing Index was falling 1.1%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was up 0.4%.

Bitcoin (BTC-USD) was declining 2.7% to $62,004, and the yield for 10-year US Treasuries was rising 4 basis points to 4.609%.

In corporate news, Saudi digital services provider NourNet is working with Goldman Sachs (GS) and HSBC (HSBC) on a potential initial public offering that could take place as early as this year, Bloomberg reported. Goldman shares were down 1%, and HSBC was shedding 1.1%.