01:27 PM EDT, 06/26/2024 (MT Newswires) -- Financial stocks were decreasing in Wednesday afternoon trading, with the NYSE Financial Index down 0.6% and the Financial Select Sector SPDR Fund (XLF) off 0.8%.

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

Bitcoin (BTC-USD) was declining 1.6% to $60,822, and the yield for 10-year US Treasuries was rising 7 basis points to 4.30%.

In economic news, US new-home sales plunged to a 619,000 annual rate in May from an upwardly revised 698,000 rate in April, below the 633,000 rate expected in a survey compiled by Bloomberg.

In corporate news, Interactive Brokers ( IBKR ) said Wednesday that it took a nearly $48 million loss due to an "unspecified technical issue" at the New York Stock Exchange on June 3. The company said it doesn't expect the losses to have a material impact on its financials. Its shares were edging up 0.1%.