03:28 PM EDT, 10/07/2024 (MT Newswires) -- Financial stocks were declining in late Monday afternoon trading, with the NYSE Financial Index and the Financial Select Sector SPDR Fund (XLF) each falling 1.2%.

The Philadelphia Housing Index eased 0.1%, and the Real Estate Select Sector SPDR Fund (XLRE) was retreating 0.8%.

Bitcoin (BTC-USD) was increasing 0.8% to $63,126, and the yield for 10-year US Treasuries was rising 5 basis points to 4.03%.

In corporate news, Goldman Sachs ( GS ) and JPMorgan Chase ( JPM ) have been tapped by German auto parts manufacturer Continental to get part of its business ready for a spinoff, Bloomberg reported. Goldman and JPMorgan ( JPM ) were each shedding 0.2%.