03:26 PM EST, 01/10/2025 (MT Newswires) -- Financial stocks fell in late Friday afternoon trading with the NYSE Financial Index dropping 2.2% and the Financial Select Sector SPDR Fund (XLF) slipping 2.4%.

The Philadelphia Housing Index declined 2.2%, and the Real Estate Select Sector SPDR Fund (XLRE) retreated 2.4%.

Bitcoin (BTC-USD) rose 2.7% to $95,030, and the yield for 10-year US Treasuries jumped 8 basis points to 4.78%.

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, JPMorgan Chase ( JPM ) asked most of its employees on a hybrid work schedule to return to the office five days a week, starting in March, according to an internal memo seen by MT Newswires on Friday. JPMorgan ( JPM ) shares were down 1.4%.