01:30 PM EDT, 09/30/2024 (MT Newswires) -- Financial stocks were edging down in afternoon trading, with the NYSE Financial Index easing 0.1% and the Financial Select Sector SPDR Fund (XLF) falling 0.2%

The Philadelphia Housing Index was up 0.1%, and the Real Estate Select Sector SPDR Fund (XLRE) was adding 0.6%.

Bitcoin (BTC-USD) was declining 3.1% to $63,545, and the yield for 10-year US Treasuries was rising 2 basis points to 3.77%.

In economic news, the Institute for Supply Management's Chicago PMI reading rose to 46.6 in September from 46.1 in August, above the 46.0 print expected in a survey compiled by Bloomberg.

In corporate news, Marsh & McLennan ( MMC ) said Monday it agreed to buy McGriff Insurance Services for $7.75 billion. Marsh & McLennan ( MMC ) shares were shedding 0.5%.