03:54 PM EDT, 03/18/2025 (MT Newswires) -- Financial stocks were decreasing in late Tuesday afternoon trading, with the NYSE Financial Index and the Financial Select Sector SPDR Fund (XLF) each easing about 0.1%.

The Philadelphia Housing Index was 0.1% softer, and the Real Estate Select Sector SPDR Fund (XLRE) fell 0.7%.

Bitcoin (BTC-USD) was falling 2.5% to $81,969, and the yield for 10-year US Treasuries declined 3 basis points to 4.28%.

In economic news, US industrial production rose 0.7% in February, compared with expectations for a smaller 0.2% increase in a survey compiled by Bloomberg.

In corporate news, UBS (UBS) is facing potential higher capital requirements in stages over several years, Bloomberg reported, citing Switzerland's Financial Market Supervisory Authority Chief Executive Stefan Walter in an interview. UBS shares rose 1.4%.

Brighthouse Financial ( BHF ) shares added 0.6% after Raymond James upgraded the stock to strong buy from market perform, with a $72 price target.

Nasdaq (NDAQ) said it plans to open a new regional headquarters in Dallas to serve clients in Texas and the Southeast region. Nasdaq shares rose 0.8%.

FinVolution ( FINV ) shares jumped past 17% after it reported overnight higher Q4 adjusted EPS and net revenue from a year ago and issued better-than-expected full-year revenue guidance.