03:25 PM EDT, 06/21/2024 (MT Newswires) -- Financial stocks fell in late Friday afternoon trading with the NYSE Financial Index and the Financial Select Sector SPDR Fund (XLF) each decreasing 0.4%.

The Philadelphia Housing Index added 0.2%, and the Real Estate Select Sector SPDR Fund (XLRE) was little changed.

Bitcoin (BTC-USD) dropped 1.4% to $63,916, and the yield for 10-year US Treasuries edged higher to 4.26%, paring earlier gains.

In economic news, data from S&P Global showed the US private-sector composite output index edged up to 54.6 this month from 54.5 in May, above the 53.5 consensus in a survey compiled by Bloomberg.

Existing-home sales in the US dropped 0.7% in May to a seasonally adjusted annual rate of 4.11 million as the median sales price jumped to a record, the National Association of Realtors said. The consensus in a Bloomberg survey was 4.08 million.

In corporate news, US District Court for the Southern District of New York Judge Katherine Polk Failla dismissed all claims in a lawsuit between Capital One Financial ( COF ) and Walmart ( WMT ) over the companies' credit card partnership. Capital One shares fell 1.1% and Walmart ( WMT ) gained 0.3%.