01:34 PM EDT, 10/25/2024 (MT Newswires) -- Financial stocks were declining in Friday afternoon trading, with the NYSE Financial Index down 0.7% and the Financial Select Sector SPDR Fund (XLF) falling 1%.

The Philadelphia Housing Index dropped 1.2%, and the Real Estate Select Sector SPDR Fund (XLRE) was easing 0.2%.

Bitcoin (BTC-USD) was falling 0.2% to $67,414, and the yield for 10-year US Treasuries was rising about 2 basis points to 4.22%.

In economic news, the University of Michigan consumer sentiment index was revised upward to 70.5 for October from the 68.9 preliminary estimate and compared with expectations for 69.1 in a survey compiled by Bloomberg.

New orders for US durable goods fell 0.8% in September, in line with the previous month but versus a 1% decrease anticipated in a survey compiled by Bloomberg.

In corporate news, BM Technologies ( BMTX ) shares surged 47% after it said Friday it has struck a deal for First Carolina Bank to buy the firm for $5 a share in cash with an equity value of about $67 million.