03:28 PM EDT, 09/19/2024 (MT Newswires) -- Financial stocks were advancing in late Thursday afternoon trading, with the NYSE Financial Index rising 1.3% and the Financial Select Sector SPDR Fund (XLF) adding 1.2%.
The Philadelphia Housing Index was climbing 1.9%, while the Real Estate Select Sector SPDR Fund (XLRE) was easing 0.1%.
Bitcoin (BTC-USD) was increasing 2.8% to $63,465, and the yield for 10-year US Treasuries was rising 5 basis points to 3.74%.
In economic news, US initial jobless claims declined sequentially to 219,000 in the week ended Sept. 14 from an upwardly revised 231,000, compared with expectations for 230,000 in a survey compiled by Bloomberg.
In corporate news, Carlyle-backed (CG) Rigaku is planning an initial public offering in Japan, targeting a market value of 300 billion yen ($2.1 billion), Reuters reported Thursday. Carlyle shares were rising 5.3%.