01:40 PM EDT, 09/17/2024 (MT Newswires) -- Financial stocks were higher in Tuesday afternoon trading, with the NYSE Financial Index rising 0.1% and the Financial Select Sector SPDR Fund (XLF) up 0.3%.

The Philadelphia Housing Index was adding 0.4%, while the Real Estate Select Sector SPDR Fund (XLRE) was shedding 0.4%.

Bitcoin (BTC-USD) was increasing 4.7% to $60,844, and the yield for 10-year US Treasuries was rising 3 basis points to 3.65%.

In economic news, US retail sales gained 0.1% in August, compared with the 0.2% decline anticipated in a survey compiled by Bloomberg and the previous month's 1.1% increase.

In regulatory news, the US Department of Justice has revived an investigation into how lenders unwound over $150 billion in bets placed by Archegos, Bloomberg reported Tuesday. Credit Suisse, Nomura (NMR) and UBS (UBS) reached a managed liquidation agreement to sell off parts of their exposure to Archegos. Goldman Sachs ( GS ) , Morgan Stanley ( MS ) and Deutsche Bank ( DB ) considered such an arrangement before deciding against it, the report said.

In corporate news, JPMorgan Chase ( JPM ) is in advanced talks with Apple ( AAPL ) to take over the tech giant's credit card program from Goldman Sachs ( GS ) , The Wall Street Journal reported Tuesday. JPMorgan ( JPM ) shares added 0.1%, Goldman and Apple ( AAPL ) were each easing 0.1%.