03:26 PM EST, 03/08/2024 (MT Newswires) -- Financial stocks rose in late Friday afternoon trading with the NYSE Financial Index adding 0.5% and the Financial Select Sector SPDR Fund (XLF) up 0.3%.

The Philadelphia Housing Index fell 0.5%, and the Real Estate Select Sector SPDR Fund (XLRE) gained 1.2%.

Bitcoin (BTC-USD) climbed 3.7% to $69,444, and the yield for 10-year US Treasuries was little changed at 4.09%.

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, UBS (UBS) shares gained past 3% after Morgan Stanley upgraded the company to overweight from equalweight.