01:41 PM EST, 11/05/2024 (MT Newswires) -- Financial stocks were advancing in Tuesday afternoon trading, with the NYSE Financial Index rising 0.9% and the Financial Select Sector SPDR Fund (XLF) up 0.7%.

The Philadelphia Housing Index was climbing 1.4%, and the Real Estate Select Sector SPDR Fund (XLRE) was up 0.7%.

Bitcoin (BTC-USD) was increasing 3.2% to $69,969, and the yield for 10-year US Treasuries was slightly higher at 4.32%.

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, Payoneer Global ( PAYO ) shares surged past 17% after the company reported stronger-than-expected Q3 growth and raised its full-year outlook amid business-to-business momentum.