01:32 PM EST, 01/10/2025 (MT Newswires) -- Financial stocks were falling in Friday afternoon trading, with the NYSE Financial Index dropping 2.2% and the Financial Select Sector SPDR Fund (XLF) down 2.1% recently.

The Philadelphia Housing Index was shedding 1.8%, and the Real Estate Select Sector SPDR Fund (XLRE) was retreating 2%.

Bitcoin (BTC-USD) rose 3% to $95,315, and the yield for 10-year US Treasuries jumped 7 basis points to 4.76%.

In economic news, the December employment report showed nonfarm payrolls rose by 256,000, above the 165,000 jobs increase expected in a survey compiled by Bloomberg.

The University of Michigan's preliminary consumer sentiment index slipped to 73.2 in January from 74.0 in December, compared with expectations for no change in a survey compiled by Bloomberg.

In corporate news, Jefferies Financial's ( JEF ) fiscal Q4 results rose year over year driven by gains across its investment banking and asset management divisions. Its shares were still falling more than 11%.