03:27 PM EST, 11/04/2024 (MT Newswires) -- Financial stocks fell in late 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 climbed 1.2%, and the Real Estate Select Sector SPDR Fund (XLRE) gained 0.9%.
Bitcoin (BTC-USD) declined 1.7% to $67,612, and the yield for 10-year US Treasuries dropped 5 basis points to 4.31%.
In economic news, new orders for US factory goods fell 0.5% in September, as expected in a survey compiled by Bloomberg, and following a revised 0.8% decrease in August.
In corporate news, Affiliated Managers ( AMG ) shares tumbled 9% after the firm's Q3 earnings failed to meet analysts' estimates.