03:39 PM EST, 02/03/2025 (MT Newswires) -- Financial stocks fell late Monday with the NYSE Financial Index down 0.6% and the Financial Select Sector SPDR Fund (XLF) shedding 0.5%.

The Philadelphia Housing Index dropped 2.2%, and the Real Estate Select Sector SPDR Fund (XLRE) eased 0.2%.

Bitcoin (BTC-USD) rose 4.3% to $101,776, and the yield for 10-year US Treasuries was little changed at 4.54%.

In economic news, President Donald Trump delayed the implementation of tariffs on imports from Mexico following a call with his counterpart, President Claudia Sheinbaum. Mexico agreed to send troops to the border with the US to block the flow of illicit drugs.

The US manufacturing sector rebounded in January as demand conditions improved, two separate surveys showed. The ISM purchasing managers' index rose to 50.9 from 49.2 in December. The consensus was for a 49.9 print in a survey compiled by Bloomberg. S&P Global (SPGI) said its manufacturing PMI climbed to 51.2 from 49.4 in December, topping 50 for the first time in seven months. The consensus was 50.1 in a Bloomberg poll.

In regulatory news, Treasury Secretary Scott Bessent, in his new role as acting head of the Consumer Financial Protection Bureau, ordered the agency to stop all rulemaking, communications, litigation and other activities, Bloomberg reported.

In corporate news, T. Rowe Price ( TROW ) is collaborating with life insurance and annuity company Aspida to manage some of Aspida's public and private assets. T. Rowe shares fell 1.6%.