01:34 PM EST, 01/15/2025 (MT Newswires) -- Financial stocks were advancing in Wednesday afternoon trading, with the NYSE Financial Index rising 2.1% and the Financial Select Sector SPDR Fund (XLF) ahead 1.3%.

The Philadelphia Housing Index was climbing 2.1%, and the Real Estate Select Sector SPDR Fund (XLRE) was up 0.7%.

Bitcoin (BTC-USD) was increasing 2.6% to $99,088, and the yield for 10-year US Treasuries tumbled 12 basis points to 4.67%.

The US seasonally adjusted core consumer price index grew by 0.2%, below the consensus estimate for a 0.3% increase in a survey compiled by Bloomberg, and following a 0.3% gain in November, according to data released Wednesday by the Bureau of Labor Statistics.

In corporate news, Goldman Sachs ( GS ) reported stronger-than-expected Q4 earnings and revenue on Wednesday amid an acceleration in investment banking fees. Its shares jumped 5.5%.