03:33 PM EST, 02/06/2025 (MT Newswires) -- Financial stocks rose in late Thursday afternoon trading, with the NYSE Financial Index up 0.5% and the Financial Select Sector SPDR Fund (XLF) adding 0.7%.

The Philadelphia Housing Index shed 0.5%, and the Real Estate Select Sector SPDR Fund (XLRE) rose 0.1%.

Bitcoin (BTC-USD) declined 0.3% to $96,373, and the yield for 10-year US Treasuries rose 2 basis points to 4.44%.

In economic news, US initial jobless claims in the week ended Feb. 1 rose to 219,000 from 208,000 in the previous week, compared with expectations for 213,000 in a survey of analysts compiled by Bloomberg.

In sector news, Citigroup ( C ) said it promoted more than 8,500 employees, effective at the start of this year, in its latest round of career advancements. Its shares were rising 3.3%.