01:32 PM EDT, 10/15/2024 (MT Newswires) -- Financial stocks were advancing in Tuesday afternoon trading, with the NYSE Financial Index rising 0.9% and the Financial Select Sector SPDR Fund (XLF) up 0.8%.

The Philadelphia Housing Index was climbing 1.8%, and the Real Estate Select Sector SPDR Fund (XLRE) was adding 1.9%.

Bitcoin (BTC-USD) was increasing 1% to $66,712, and the yield for 10-year US Treasuries was dropping 5 basis points to 4.05%.

In corporate news, Bank of America ( BAC ) reported higher-than-projected results for Q3 as higher investment banking fees and trading revenue helped offset lower net interest income. Its shares rose 1.4%.