01:40 PM EST, 01/28/2025 (MT Newswires) -- Financial stocks were edging down in Tuesday afternoon trading, with the NYSE Financial Index and the Financial Select Sector SPDR Fund (XLF) each fractionally lower.

The Philadelphia Housing Index was falling 1%, and the Real Estate Select Sector SPDR Fund (XLRE) was down 1.1%.

Bitcoin (BTC-USD) was increasing 3.7% to $102,923, and the yield for 10-year US Treasuries was rising 2.3 basis points to 4.55%.

In economic news, new orders for US durable goods fell by 2.2% in December after a decrease of 2% in the previous month, compared with expectations for a 0.6% increase in a survey compiled by Bloomberg.

The Richmond Fed's monthly manufacturing index improved to minus 4 in January from minus 10 in December, compared with expectations for no change in a survey compiled by Bloomberg.

In corporate news, Brighthouse Financial ( BHF ) shares jumped 15%. The company is working with bankers at Goldman Sachs ( GS ) and Wells Fargo ( WFC ) to consider offers to sell itself entirely or raise minority equity, the Financial Times reported.