Financial stocks were decreasing in Wednesday late afternoon trading, with the NYSE Financial Index shedding 0.6% and the State Street Financial Select Sector SPDR ETF (XLF) down 0.2%.
The Philadelphia Housing Index was fractionally higher, and the State Street Real Estate Select Sector SPDR ETF (XLRE) decreased 0.7%.
Bitcoin (BTC-USD) was increasing 0.4% to $89,498, and the yield for 10-year US Treasuries rose 2.8 basis points to 4.25%.
In corporate news, Blackstone (BX) is weighing an increase to its financial involvement in Oracle's (ORCL) Michigan data-center project, Bloomberg reported. Blackstone shares were down 1.3%.
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.