03:26 PM EST, 12/06/2024 (MT Newswires) -- Financial stocks fell in late Friday afternoon trading with the NYSE Financial Index down 0.2% and the Financial Select Sector SPDR Fund (XLF) easing 0.1%.

The Philadelphia Housing Index shed 0.2%, and the Real Estate Select Sector SPDR Fund (XLRE) slipped 0.3%.

Bitcoin (BTC-USD) jumped 4.9% to $101,804, and the yield for 10-year US Treasuries shed 2.9 basis points to 4.151%.

In economic news, the nonfarm payrolls report showed the unemployment rate rose to 4.2% in November from 4.1% in October, compared with expectations for no change. Payrolls rose 227,000, above the 220,000 increase expected in a Bloomberg survey compilation.

The University of Michigan's preliminary consumer sentiment index rose to 74 in December from 71.8 in November, reaching the highest in seven months and topping expectations for 73.3 in a survey compiled by Bloomberg.

In corporate news, MSP Recovery ( LIFW ) shares more than doubled after the company completed its rebranding from LifeWallet to better reflect its core business of data-driven solutions for Medicare, Medicaid, commercial and secondary payer reimbursement recoveries, including proprietary technology.