01:29 PM EST, 03/08/2024 (MT Newswires) -- Financial stocks were advancing in Friday afternoon trading, with the NYSE Financial Index and the Financial Select Sector SPDR Fund (XLF) each rising about 0.3%

The Philadelphia Housing Index was falling 0.6% and the Real Estate Select Sector SPDR Fund (XLRE) gained 1.2%.

Bitcoin (BTC-USD) was increasing 2.8% to $68,833, and the yield for 10-year US Treasuries was 1 basis point lower at 4.08%.

In economic news, nonfarm payrolls rose by 275,000 last month, the Bureau of Labor Statistics reported. The consensus was for a 200,000 gain in a survey compiled by Bloomberg.

In corporate news, Applied Digital ( APLD ) shares jumped past 8% after the company extended the negotiation period on the conditional agreement on datacenter capacity at its Ellendale, North Dakota, campus with an anchor tenant until March 30.