03:55 PM EDT, 03/31/2025 (MT Newswires) -- Financial stocks were higher in late Monday afternoon trading, with the NYSE Financial Index adding 0.7% and the Financial Select Sector SPDR Fund (XLF) climbing 1.7%.

The Philadelphia Housing Index rose 1.2%, and the Real Estate Select Sector SPDR Fund (XLRE) was adding 1.6%.

Bitcoin (BTC-USD) was increasing 0.1% to $82,701, and the yield for 10-year US Treasuries was 3.3 basis points lower at 4.22%.

In economic news, President Donald Trump will unveil his country-based reciprocal tariffs on Wednesday in the White House Rose Garden, according to media reports Monday, which cited White House Press Secretary Karoline Leavitt.

The Institute for Supply Management's Chicago PMI reading rose to 47.6 in March from 45.5 in February, higher than the expected 45 print in a survey compiled by Bloomberg but still indicating contraction in the sector.

In corporate news, PNC Financial Services ( PNC ) shares climbed 2.6% after HSBC upgraded the stock to buy from hold.

Apollo Global Management ( APO ) , KKR (KKR), and Balbec Capital Management were selected by Spain's CaixaBank to bid for a portfolio of non-performing mortgages worth about 600 million euros ($649.2 million), Bloomberg reported. Apollo shares shed 0.1%, and KKR rose 0.6%.

Rocket (RKT) said Monday it agreed to buy Mr. Cooper ( COOP ) in an all-stock deal valued at $9.4 billion. Rocket shares fell past 7%, while Mr. Cooper ( COOP ) jumped more than 15%.

LPL Financial ( LPLA ) will buy wealth management firm Commonwealth Financial Network in a $2.7 billion deal that will expand LPL's advisory staff. LPL shares were down past 3%.