03:29 PM EST, 02/14/2025 (MT Newswires) -- Financial stocks were rising in late Friday afternoon trading, with the NYSE Financial Index adding 0.4% and the Financial Select Sector SPDR Fund (XLF) up 0.2%.

The Philadelphia Housing Index was rising 0.5%, and the Real Estate Select Sector SPDR Fund (XLRE) was easing 0.2%.

Bitcoin (BTC-USD) was increasing 1.4% to $98,024, and the yield for 10-year US Treasuries fell 5 basis points to 4.47%.

In economic news, US retail sales fell by 0.9% in January, versus the 0.2% decrease expected in a survey compiled by Bloomberg and the previous month's 0.7% gain.

President Donald Trump ordered officials to develop custom tariffs for imports from all US trading partners and report their recommendations for imposing reciprocal tariffs.

In corporate news, BlackRock ( BLK ) has approved a carried interest allocation for Chief Executive Laurence Fink, linking part of his compensation to the performance of some private market investment funds, a regulatory filing with the US Securities and Exchange Commission showed Friday. BlackRock ( BLK ) shares were down 0.7%.