03:27 PM EST, 01/08/2025 (MT Newswires) -- Financial stocks were mixed in late Wednesday afternoon trading, with the NYSE Financial Index easing 0.1% and the Financial Select Sector SPDR Fund (XLF) up 0.1%.

The Philadelphia Housing Index rose 1%, and the Real Estate Select Sector SPDR Fund (XLRE) was up 0.3%.

Bitcoin (BTC-USD) fell 3.1% to $93,989, and the yield for 10-year US Treasuries rose 1 basis point to 4.69%.

In economic news, US initial jobless claims last week unexpectedly fell to 201,000, the lowest since February, versus expectations for an increase to 215,000 in a survey compiled by Bloomberg.

ADP's monthly measure of private payrolls showed a 122,000 increase in December, missing forecasts for a 139,000 increase in a poll compiled by Bloomberg and below the 146,000 reported in November.

In corporate news, Apollo Global Management's ( APO ) head of private equity capital markets, Matthew Manin, left to pursue another opportunity, Bloomberg reported. Apollo shares were down 0.4%.