01:30 PM EDT, 09/11/2024 (MT Newswires) -- Financial stocks were retreating in Wednesday afternoon trading, with the NYSE Financial Index decreasing 0.9% and the Financial Select Sector SPDR Fund (XLF) off 1.2%.

The Philadelphia Housing Index was falling 1.4%, and the Real Estate Select Sector SPDR Fund (XLRE) was down 0.7%.

Bitcoin (BTC-USD) was increasing 0.8% to $57,621, and the yield for 10-year US Treasuries was slightly higher at 3.65%.

In economic news, the consumer price index climbed 0.2% in August, unchanged from the previous month, the Bureau of Labor Statistics said. The headline reading was in line with a survey compiled by Bloomberg. Annually, inflation eased to 2.5% from July's 2.9% and met Wall Street's consensus.

In corporate news, Toronto-Dominion Bank ( MLWIQXX ) unit TD Bank was ordered by the US Consumer Financial Protection Bureau to pay $27.8 million for allegedly sharing inaccurate and negative information about its customers to consumer reporting companies, the CFPB said. Toronto-Dominion Bank ( MLWIQXX ) shares were up 0.3%.