01:44 PM EDT, 03/12/2024 (MT Newswires) -- Financial stocks advanced in Tuesday afternoon trading with the NYSE Financial Index and the Financial Select Sector SPDR Fund (XLF) each rising 0.2%.

The Philadelphia Housing Index added 0.6%, and the Real Estate Select Sector SPDR Fund (XLRE) shed 0.9%.

Bitcoin (BTC-USD) fell 3.3% to $69,749, and the yield for 10-year US Treasuries rose 6 basis points to 4.16%.

In economic news, the US consumer price index rose by 0.4% in February, as expected in a survey compiled by Bloomberg, and following a 0.3% increase in January. Core CPI, which excludes food and energy prices, rose by 0.4%, the same as in the previous month and above the consensus estimate for a 0.3% increase.

In corporate news, Repay (RPAY) hired an adviser and approached private equity firms about a potential sale, Fortune reported. Repay shares jumped 6.4%.