03:29 PM EDT, 05/03/2024 (MT Newswires) -- Financial stocks rose late Friday afternoon trading with the NYSE Financial Index adding 0.5% and the Financial Select Sector SPDR Fund (XLF) up 0.4%.

The Philadelphia Housing Index climbed 1.8% and the Real Estate Select Sector SPDR Fund (XLRE) gained 0.7%.

Bitcoin (BTC-USD) advanced 4.3% to $61,609, and the yield for 10-year US Treasuries fell 7.1 basis points to 4.50%.

In economic news, nonfarm payrolls rose 175,000 in April, slower than revised 315,000 previously and below a consensus for a 240,000 increase, while the unemployment rate rose to 3.9% from 3.8%. The consensus was for no change in the jobless rate.

The Institute for Supply Management's US services index fell to 49.4 in April from 51.4 in March, compared with expectations for an increase to 52 in a survey compiled by Bloomberg.

In corporate news, AG Mortgage Investment Trust ( MITT/PA ) shares jumped 7.6% after the company reported Q1 earnings of $0.55 per diluted share, up from $0.38 a year earlier. Four analysts surveyed by Capital IQ expected $0.16.