01:34 PM EDT, 06/24/2024 (MT Newswires) -- Financial stocks advanced in Monday afternoon trading with the NYSE Financial Index and the Financial Select Sector SPDR Fund (XLF) both rising 1.3%.

The Philadelphia Housing Index increased 0.8%, and the Real Estate Select Sector SPDR Fund (XLRE) gained 1.1%.

Bitcoin (BTC-USD) slumped 5.1% to $59,949, and the yield for 10-year US Treasuries was little changed at 4.26%.

In economic news, the Dallas Fed's monthly manufacturing index rose to minus 15.1 in June from minus 19.4 in May, compared with expectations for minus 15 in a survey compiled by Bloomberg.

In corporate news, Riot (RIOT) requested a special meeting of Bitfarms ( BITF ) shareholders to reconstitute the Bitfarms ( BITF ) board. Riot, which is Bitfarms' ( BITF ) largest shareholder, also formally withdrew its proposal to acquire all Bitfarms ( BITF ) shares for $2.30 a share. Riot shares fell 5.2% and Bitfarms ( BITF ) tumbled 10%.