03:29 PM EDT, 11/01/2024 (MT Newswires) -- Financial stocks advanced in late Friday afternoon trading, with the NYSE Financial Index up 0.4% and the Financial Select Sector SPDR Fund (XLF) rising 0.6%.

The Philadelphia Housing Index eased 0.1%, and the Real Estate Select Sector SPDR Fund (XLRE) declined 0.6%.

Bitcoin (BTC-USD) dropped 1.8% to $69,050, and the yield for 10-year US Treasuries rose 8 basis points to 4.36%.

In economic news, the Bureau of Labor Statistics reported nonfarm payrolls climbed 12,000 in October. The consensus was for a 100,000 increase in a survey compiled by Bloomberg.

In corporate news, Apollo Global Management ( APO )-backed (APO) Autodoc has selected banks for a potential initial public offering and listing on the Frankfurt stock exchange, Bloomberg reported. Apollo shares were falling 1.3%.