03:29 PM EDT, 10/28/2024 (MT Newswires) -- Financial stocks advanced in late Monday afternoon trading with the NYSE Financial Index rising 1.1% and the Financial Select Sector SPDR Fund (XLF) gaining 1.2%.

The Philadelphia Housing Index added 0.7%, and the Real Estate Select Sector SPDR Fund (XLRE) rose 0.4%.

Bitcoin (BTC-USD) increased 2.7% to $69,785, and the yield for 10-year US Treasuries rose 4.6 basis points to 4.278%.

In corporate news, Alphabet's (GOOG) Google Cloud and Citigroup ( C ) entered into a multiyear agreement to modernize the bank's technology infrastructure. Citigroup ( C ) shares jumped 4%. and Alphabet climbed 0.9%.