Financial stocks were advancing in Wednesday afternoon trading, with the NYSE Financial Index rising 0.3% and the State Street Financial Select Sector SPDR ETF (XLF) up 0.2%.

The Philadelphia Housing Index was adding 0.9%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was shedding 0.3%.

Bitcoin (BTC-USD) was increasing 0.8% to $64,538, and the yield for 10-year US Treasuries was slightly lower at 4.625%.

In corporate news, JPMorgan Chase (JPM) Chief Executive Jamie Dimon has reached out to CEOs of other large banks and IT companies, urging them to join a group seeking to address risks posed by AI, Reuters reported. JPMorgan shares were up 0.7%.