01:34 PM EDT, 06/27/2024 (MT Newswires) -- Financial stocks were mixed in Thursday afternoon trading, with the NYSE Financial Index fractionally higher and the Financial Select Sector SPDR Fund (XLF) 0.1% lower.

The Philadelphia Housing Index was up 0.1%, and the Real Estate Select Sector SPDR Fund (XLRE) was adding 0.4%.

Bitcoin (BTC-USD) was increasing 1.8% to $61,899, and the yield for 10-year US Treasuries was shedding 4 basis points to 4.28%.

In economic news, new orders for US durable goods rose 0.1% in May, following a 0.2% gain the previous month, versus expectations for a 0.5% decrease in a survey compiled by Bloomberg.

US gross domestic product was revised higher to a 1.4% increase in Q1 from a 1.3% gain in the previous estimate, in line with a 1.4% increase expected in a survey compiled by Bloomberg. GDP rose by 3.4% in Q4.

In regulatory news, a defendant facing fraud charges has the right to be tried by a jury before a neutral adjudicator as opposed to being compelled by the Securities and Exchange Commission to defend themselves before one of its administrative law judges, the US Supreme Court ruled Thursday. The 6-3 ruling involved a lawsuit filed by investment adviser George Jarkesy challenging the SEC's in-house adjudication of securities fraud allegations against him.

In corporate news, Jefferies Financial ( JEF ) shares jumped 6.6% after the company reported fiscal Q2 diluted earnings Wednesday of $0.64 per share, up from $0.05 a year earlier. Three analysts polled by Capital IQ expected $0.63 per share.