01:31 PM EST, 11/04/2024 (MT Newswires) -- Financial stocks were decreasing in Monday afternoon trading, with the NYSE Financial Index down 0.2% and the Financial Select Sector SPDR Fund (XLF) off 0.8%.

The Philadelphia Housing Index was climbing 1.4%, and the Real Estate Select Sector SPDR Fund (XLRE) was adding 0.6%.

Bitcoin (BTC-USD) was declining 1.4% to $67,913, and the yield for 10-year US Treasuries was dropping 6.8 basis points to 4.33%.

In economic news, new orders for US factory goods fell 0.5% in September, as expected in a survey compiled by Bloomberg, and after a revised 0.8% decrease in August.

In corporate news, B. Riley Financial-backed (RILY) Franchise Group on Sunday started voluntary Chapter 11 proceedings in the US Bankruptcy Court for the District of Delaware, B. Riley said in a filing with the US Securities and Exchange Commission. B. Riley shares tumbled 13%.