01:22 PM EDT, 09/11/2025 (MT Newswires) -- Financial stocks were advancing in Thursday afternoon trading, with the NYSE Financial Index rising 1.2% and the Financial Select Sector SPDR Fund (XLF) ahead 1.4%.

The Philadelphia Housing Index was climbing 2.3%, and the Real Estate Select Sector SPDR Fund (XLRE) was adding 1.2%.

Bitcoin (BTC-USD) was increasing 0.5% to $114,480, and the yield for 10-year US Treasuries was shedding 3 basis points to 4.01%.

In economic news, the consumer price index rose by 0.4% in August, up from 0.2% in July and representing the highest since January, the Bureau of Labor Statistics said. A Bloomberg-polled consensus was for a 0.3% rise. Annually, inflation accelerated 2.9% from 2.7%, in line with the outlook.

In corporate news, JPMorgan Chase ( JPM ) plans to increase hiring across its corporate banking business in the Asia Pacific region by about 20% next year, Reuters reported. JPMorgan ( JPM ) shares rose 1.3%.