03:29 PM EDT, 06/06/2024 (MT Newswires) -- Financial stocks were up in late Thursday afternoon trading with the NYSE Financial Index up 0.1% and the Financial Select Sector SPDR Fund (XLF) little changed.

The Philadelphia Housing Index dropped 1%, and the Real Estate Select Sector SPDR Fund (XLRE) added 0.1%.

Bitcoin (BTC-USD) decreased 0.3% to $70,922, and the yield for 10-year US Treasuries was little changed at 4.28%.

In economic news, US initial jobless claims rose to 229,000 in the week ended June 1 from an upwardly revised 221,000 level in the previous week, compared with expectations for a decrease to 220,000 in a Bloomberg survey.

The US international trade deficit widened to $74.56 billion in April from a $68.58 billion gap in March, but a smaller deficit than the $76.5 billion gap expected in a survey compiled by Bloomberg.

In corporate news, StoneCo ( STNE ) shares spiked 3% after JPMorgan upgraded the company's stock to overweight from neutral, with a $20 price target.