03:30 PM EST, 01/27/2025 (MT Newswires) -- Financial stocks were rising in late Monday afternoon trading, with the NYSE Financial Index up 0.5% and the Financial Select Sector SPDR Fund (XLF) adding 0.7%.

The Philadelphia Housing Index climbed 2.3%, and the Real Estate Select Sector SPDR Fund (XLRE) rose 1%.

Bitcoin (BTC-USD) fell 2.4% to $100,234, and the yield for 10-year US Treasuries dropped 9 basis points to 4.53%.

In economic news, US new-home sales accelerated to a 698,000 annual rate in December from an upwardly revised 674,000 rate in November, compared with the 672,000 rate expected in a survey compiled by Bloomberg.

The Chicago Federal Reserve Bank's monthly National Activity Index rose to 0.15 in December from an upwardly revised minus 0.01 in November, compared with expectations for minus 0.06 in a survey compiled by Bloomberg.

The Dallas Fed's monthly manufacturing index jumped to 14.1 in January from an upwardly revised 4.5 in December, compared with expectations for minus 3.0 in a survey compiled by Bloomberg.

In corporate news, Apollo Global Management ( APO ) has closed the acquisition of Barnes Group for about $3.6 billion, the companies said Monday. Apollo shares were down 3.9%.