03:28 PM EDT, 03/25/2025 (MT Newswires) -- Financial stocks advanced in late Tuesday afternoon trading with the NYSE Financial Index up 0.2% and the Financial Select Sector SPDR Fund (XLF) adding 0.4%.

The Philadelphia Housing Index shed 0.5%, while the Real Estate Select Sector SPDR Fund (XLRE) fell 1%.

Bitcoin (BTC-USD) added 0.7% to $88,058, and the yield for 10-year US Treasuries shed 2.2 basis points to 4.31%.

In economic news, the Conference Board's consumer confidence index fell to 92.9 in March from 100.1 in February, below 94.0 expected in a survey compiled by Bloomberg and the fourth straight decline.

In corporate news, Brown & Brown ( BRO ) faces limited near-term upside relative to peers amid macro uncertainties, Morgan Stanley said in a note. Morgan Stanley downgraded Brown & Brown ( BRO ) to equalweight from overweight with a price target of $128. Brown & Brown ( BRO ) shares were fractionally lower.