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Sector Update: Financial
Nov 12, 2024 9:03 PM

01:33 PM EST, 11/12/2024 (MT Newswires) -- Financial stocks were decreasing in Tuesday afternoon trading, with the NYSE Financial Index down 0.9% and the Financial Select Sector SPDR Fund (XLF) off 0.5%.

The Philadelphia Housing Index was falling 2.4%, and the Real Estate Select Sector SPDR Fund (XLRE) was 1.2% lower.

Bitcoin (BTC-USD) was rising 4.3% to $88,185, and the yield for 10-year US Treasuries jumped 12 basis points to 4.43%.

The National Federation of Independent Business's monthly Small Business Optimism Index rose to a reading of 93.7 in October from 91.5 in September and was above a reading of 90.7 a year earlier.

In corporate news, ACNB ( ACNB ) said Tuesday it has received all regulatory approvals required for its planned all-stock acquisition of OTC-listed Traditions Bancorp. ACNB ( ACNB ) shares were decreasing 0.7%.

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