03:32 PM EDT, 05/06/2024 (MT Newswires) -- Financial stocks advanced in late Monday afternoon trading with the NYSE Financial Index adding 0.8% and the Financial Select Sector SPDR Fund (XLF) rising 0.9%.

The Philadelphia Housing Index climbed 1.3%, and the Real Estate Select Sector SPDR Fund (XLRE) fell 0.3%.

Bitcoin (BTC-USD) declined 1.4% to $63,057, and the yield for 10-year US Treasuries eased 1.1 basis points to 4.49%.

In corporate news, BBVA (BBVA) shares spiked 3% after Sabadell said Monday its board rejected BBVA's merger offer.