03:30 PM EST, 11/05/2024 (MT Newswires) -- Financial stocks advanced in late Tuesday afternoon trading with the NYSE Financial Index rising 0.9% and the Financial Select Sector SPDR Fund (XLF) up 0.5%.

The Philadelphia Housing Index climbed 1.8%, and the Real Estate Select Sector SPDR Fund (XLRE) was up 0.9%.

Bitcoin (BTC-USD) rose 2.3% to $69,383, and the yield for 10-year US Treasuries fell 2 basis points to 4.29%.

In economic news, the Institute for Supply Management's US services index rose to 56.0 in October from 54.9 in September, compared with expectations for a decrease to 53.8 in a survey compiled by Bloomberg.

The S&P Global US services index was revised down to 55.0 in October from the 55.3 flash reading, compared with expectations for no revision in a survey compiled by Bloomberg.

In corporate news, Goldman Sachs ( GS ) is planning to add the most employees to its partnership since Chief Executive Officer David Solomon took over, Bloomberg reported. Goldman shares rose 2.4%.