01:38 PM EDT, 07/19/2024 (MT Newswires) -- Financial stocks were decreasing in Friday afternoon trading, with the NYSE Financial Index shedding 0.7% and the Financial Select Sector SPDR Fund (XLF) dropping 0.9%.

The Philadelphia Housing Index was adding 0.2%, and the Real Estate Select Sector SPDR Fund (XLRE) was easing 0.3%.

Bitcoin (BTC-USD) spiked 4.1% to $66,472, and the yield for 10-year US Treasuries was rising 4.4 basis points to 4.23%.

In corporate news, American Express' ( AXP ) Q2 earnings surpassed Wall Street's views while revenue fell short of expectations as the company increased its full-year profit outlook to reflect a gain from the sale of its fraud prevention solutions provider. Its shares fell 3.3%.