03:40 PM EDT, 03/14/2025 (MT Newswires) -- Financial stocks advanced in late Friday afternoon trading, with the NYSE Financial Index and the Financial Select Sector SPDR Fund (XLF) each rising 2.3%.

The Philadelphia Housing Index was climbing 1.9%, and the Real Estate Select Sector SPDR Fund (XLRE) was 1.8% higher.

Bitcoin (BTC-USD) added 5% to $84,674, and the yield for 10-year US Treasuries rose 3.8 basis points to 4.31%.

In economic news, the University of Michigan's preliminary consumer sentiment index slid to 57.9 in March from 64.7 in February, compared with expectations for a smaller fall to 63.0 in a survey compiled by Bloomberg.

Gold prices climbed past $3,000 for the first time on Friday as trade tensions and expectations of further US rate cuts boosted the safe-haven asset's appeal.

In corporate news, Goldman Sachs ( GS ) paid four of its top executives $126.5 million in total compensation in 2024, according to a proxy statement filed Friday. The Financial Times reported earlier that the total compensation reflects a 30% increase in 2024 from $97 million a year earlier. Goldman shares were rising 3.3%.

KKR (KKR) and Stonepeak Partners' deadline for a firm offer to buy UK-based real estate investment trust Assura was extended to April 11, Assura said. KKR shares rose 4.2%.

Compass (COMP) is in talks to buy Berkshire Hathaway's (BRK.A) HomeServices of America real-estate brokerage business, The Wall Street Journal reported Thursday. Compass shares added 0.1%.

Citigroup ( C ) and Apollo Global Management (APO) are offering a private staple financing option for prospective buyers of Boeing's (BA) Jeppesen navigation unit, Bloomberg reported Thursday. Citi shares rose 2% and Apollo was up 2.7%.