Financial stocks were lower in Wednesday afternoon trading, with the NYSE Financial Index falling 1% and the State Street Financial Select Sector SPDR ETF (XLF) off 0.4%.

The Philadelphia Housing Index was dropping 2.5%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was down 0.7%.

Bitcoin (BTC-USD) was declining 2.5% to $83,395, and the yield for 10-year US Treasuries was rising 1.1 basis points to 5.28%.

In corporate news, a bipartisan House panel report said Webull (BULL) represents a national security risk due to its links to China via ownership, technology, data flows and workforce, CNBC reported, citing the report. Webull shares fell over 19%.