04:01 PM EST, 03/04/2024 (MT Newswires) -- Financial stocks rose in late Monday afternoon trading, with the NYSE Financial Index up 0.3% and the Financial Select Sector SPDR Fund (XLF) gaining 0.2%.

The Philadelphia Housing Index was little changed and the Real Estate Select Sector SPDR Fund (XLRE) was up 1.1%.

Bitcoin (BTC-USD) jumped 7% to $67,583, and the yield for 10-year US Treasuries advanced 4 basis points to 4.22%.

In corporate news, New York Community Bancorp ( NYCB/PU ) shares tumbled 22% after Fitch Ratings and Moody's Investors lowered the bank's ratings following the disclosure of material weaknesses in its loan risk tracking.