03:23 PM EDT, 05/20/2024 (MT Newswires) -- Financial stocks were lower in late Monday afternoon trading with the NYSE Financial Index shedding 0.8% and the Financial Select Sector SPDR Fund (XLF) down 1.2%.

The Philadelphia Housing Index was down 0.1%, and the Real Estate Select Sector SPDR Fund (XLRE) declined 0.5%.

Bitcoin (BTC-USD) climbed 3.8% to $68,772, and the yield for 10-year US Treasuries gained 2 basis points to 4.44%.

In corporate news, JPMorgan Chase ( JPM ) Chief Executive Jamie Dimon told shareholders the timetable for his retirement is no longer five years away, saying that succession plans are "well on the way," according to media reports. JPMorgan ( JPM ) shares fell 3.8%.