03:29 PM EDT, 08/12/2024 (MT Newswires) -- Financial stocks fell in late Monday afternoon trading with the NYSE Financial Index and the Financial Select Sector SPDR Fund (XLF) each slipping 0.5%.

The Philadelphia Housing Index and the Real Estate Select Sector SPDR Fund (XLRE) both shed 0.8%.

Bitcoin (BTC-USD) dropped 0.9% to $59,242, and the yield for 10-year US Treasuries declined 3 basis points to 3.90%.

In economic news, consumer expectations for one year of US inflation growth were unchanged in July, compared with a 3% gain in June, according to a survey released by the New York Federal Reserve Bank.

In corporate news, Janus Henderson ( JHG ) shares rose 0.8%. The company agreed to acquire a majority stake in Victory Park Capital Advisors and its affiliate platform, Triumph Capital Markets.