Financial stocks were mixed in late Monday afternoon trading with the NYSE Financial Index easing 0.1% and the Financial Select Sector SPDR Fund (XLF) adding 0.2%.
The Philadelphia Housing Index fell 0.2%, and the Real Estate Select Sector SPDR Fund (XLRE) dropped 0.9%.
Bitcoin (BTC-USD) declined 1% to $116,323, and the yield for 10-year US Treasuries rose 2 basis points to 4.341%.
In economic news, the National Association of Home Builders' monthly housing market index declined to 32 in August from 33 in July, compared with expectations for an increase to 34 in a Bloomberg survey.
In corporate news, Aon (AON) made an investment in GLP-1 care platform eMed Population Health. Aon shares were little changed.
Global Infrastructure Partners, a part of BlackRock (BLK), agreed to buy a 49.99% stake in Eni CCUS Holding, a global platform in the carbon capture, utilization, and storage sector. BlackRock shares added 0.3%.
Citigroup's (C) banking head, Vis Raghavan, accelerated recruitment of former colleagues in JPMorgan Chase (JPM) and at least 10 senior investment bankers have agreed to join, the Financial Times reported. Citi shares rose 0.7%, and JPMorgan added 0.4%.
Jefferies Financial (JEF) hired Michael Melly from JPMorgan to head the financial institutions group investment banking franchise for Asia-Pacific, Bloomberg reported. Jefferies shares rose 0.4%.