03:31 PM EDT, 07/22/2024 (MT Newswires) -- Financial stocks rose in late Monday afternoon trading, with the NYSE Financial Index up 0.7% and the Financial Select Sector SPDR Fund (XLF) adding 0.6%.

The Philadelphia Housing Index climbed 1.4%, and the Real Estate Select Sector SPDR Fund (XLRE) gained 0.9%.

Bitcoin (BTC-USD) rose 0.9% to $67,670, and the yield for 10-year US Treasuries was up 1.9 basis points to 4.26%.

In economic news, the Chicago Federal Reserve Bank's monthly National Activity Index fell to 0.05 in June from 0.23 in May, compared with expectations for minus 0.09 in a survey of analysts compiled by Bloomberg.

In corporate news, Open Lending ( LPRO ) shares slumped 4.3% after Needham downgraded the company to hold from buy ahead of its Q2 results on Aug. 8.