01:24 PM EST, 11/26/2024 (MT Newswires) -- Financial stocks were decreasing in Tuesday afternoon trading, with the NYSE Financial Index down 0.2% and the Financial Select Sector SPDR Fund (XLF) marginally lower.

The Philadelphia Housing Index was falling 1.9%, and the Real Estate Select Sector SPDR Fund (XLRE) was adding 0.1%.

Bitcoin (BTC-USD) was easing 3.4% to $92,605, and the yield for 10-year US Treasuries was rising 4.9 basis points to 4.31%.

In economic news, US new-home sales slowed to a 610,000 annual rate in October from an unrevised 738,000 pace in September, lower than the 725,000 rate expected in a survey compiled by Bloomberg.

The Conference Board's measure of consumer confidence increased to 111.7 in November from 109.6 in October, below a reading of 111.8 expected in a survey compiled by Bloomberg.

In corporate news, Citigroup ( C ) is reducing the number of year-end staff promotions as part of a long-term turnaround to rein in costs, the Financial Times reported. Citi shares were shedding 1.7%.