01:29 PM EDT, 05/20/2024 (MT Newswires) -- Financial stocks fell in Monday afternoon trading with the NYSE Financial Index down 0.4% and the Financial Select Sector SPDR Fund (XLF) off 0.8%.

The Philadelphia Housing Index rose 0.2%, and the Real Estate Select Sector SPDR Fund (XLRE) dropped 0.2%.

Bitcoin (BTC-USD) climbed 3.6% to $68,635, and the yield for 10-year US Treasuries gained 2 basis points to 4.44%.

In corporate news, SouthState ( SSB ) agreed to buy Independent Bank (IBTX) for $2 billion in stock to expand into Texas and Colorado. SouthState ( SSB ) shares fell 0.3%, and Independent Bank jumped 8.1%.