03:31 PM EDT, 08/27/2024 (MT Newswires) -- Financial stocks were rising in late Tuesday afternoon trading, with the NYSE Financial Index up 0.4% and the Financial Select Sector SPDR Fund (XLF) ahead 0.5%.

The Philadelphia Housing Index was falling 1%, while the Real Estate Select Sector SPDR Fund (XLRE) was up 0.3%.

Bitcoin (BTC-USD) was declining 1.2% to $62,097, and the yield for 10-year US Treasuries was up 1.3 basis points at 3.83%.

In economic news, the Conference Board's measure of consumer confidence rose to 103.3 in August from 101.9 in July, above a reading of 100.8 expected in a survey compiled by Bloomberg.

The Case-Shiller National Home Price index rose 0.5% in June before seasonal adjustment, a slower rate than a 0.9% gain in May. The 20-city reading rose 0.6%, versus a 0.3% gain expected by analysts in a survey compiled by Bloomberg.

In corporate news, Stifel Financial ( SF ) is establishing a new direct-lending joint venture with Diameter Capital Partners and Franklin Resources ( BEN ) unit Benefit Street Partners, Bloomberg reported Tuesday. Stifel shares were down fractionally, while Franklin was down 1.4%.