01:31 PM EDT, 08/26/2024 (MT Newswires) -- Financial stocks were advancing in Monday afternoon trading, with the NYSE Financial Index rising 0.3% and the Financial Select Sector SPDR Fund (XLF) adding 0.4%.

The Philadelphia Housing Index was shedding 0.2% and the Real Estate Select Sector SPDR Fund (XLRE) was up 0.1%.

Bitcoin (BTC-USD) was declining 0.9% to $63,670, and the yield for 10-year US Treasuries was little changed at 3.81%.

In economic news, new orders for durable goods jumped 9.9% in July following a 6.9% drop in June, ahead of estimates compiled by Bloomberg for a 5% increase.

The Dallas Fed's monthly manufacturing index improved to minus 9.7 in August from minus 17.5 in July, compared with expectations for an improvement to minus 16 in a survey compiled by Bloomberg.

In corporate news, Columbia Financial ( CLBK ) shares added 0.2% as it said Monday that it received regulatory approval for Columbia Bank's merger with Freehold Bank from the US Office of the Comptroller of the Currency.