03:27 PM EST, 01/03/2025 (MT Newswires) -- Financial stocks advanced in late Friday afternoon trading, with the NYSE Financial Index and the Financial Select Sector SPDR Fund (XLF) each adding 0.7%.

The Philadelphia Housing Index and the Real Estate Select Sector SPDR Fund (XLRE) gained 1.4% each.

Bitcoin (BTC-USD) rose 1% to $98,697, and the yield for 10-year US Treasuries rose 2.5 basis points to 4.60%.

In economic news, the Institute for Supply Management's US manufacturing index rose to 49.3 in December from 48.4 in November, compared with expectations for a 48.2 reading in a survey compiled by Bloomberg.

In corporate news, Brookfield Asset Management ( BAM ) has delayed the sale of its Citypoint tower in London after bids failed to meet expectations, forcing the company to extend debt repayments, Reuters reported. Brookfield shares were rising 0.5%.