Financial stocks rose in Thursday afternoon trading with the NYSE Financial Index up 0.2% and the Financial Select Sector SPDR Fund (XLF) ahead 0.1%.
The Philadelphia Housing Index added 0.3%, and the Real Estate Select Sector SPDR Fund (XLRE) rose 0.2%.
Bitcoin (BTC-USD) gained 3.6% to $97,123, and the yield for 10-year US Treasuries rose 6.4 basis points to 4.228%.
In economic news, the Institute for Supply Management's US manufacturing index fell to 48.7 in April from 49.0 in March, compared with expectations of 47.9 in a survey compiled by Bloomberg.
US initial jobless claims last week rose to 241,000 from an upwardly revised 223,000 in the previous week, compared with expectations for 223,000 in a survey of analysts compiled by Bloomberg.
In corporate news, KKR (KKR) shares rose 1.5%. The company reported Q1 adjusted earnings that topped estimates by analysts.
TPG (TPG) launched TPG Sports, a dedicated investing business focused on partnering with sports companies, teams and leagues. TPG shares added 1.3%.
HSBC (HSBC) Chair Mark Tucker told the board that he plans to retire before the end of the year, Bloomberg reported. HSBC shares declined 1.6%.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.