03:28 PM EST, 02/18/2025 (MT Newswires) -- Financial stocks were higher in late Tuesday afternoon trading, with the NYSE Financial Index rising 0.6% and the Financial Select Sector SPDR Fund (XLF) up 0.5%.

The Philadelphia Housing Index fell 0.6%, and the Real Estate Select Sector SPDR Fund (XLRE) added 0.3%.

Bitcoin (BTC-USD) declined 1.6% to $94,212, and the yield for 10-year US Treasuries rose 7.4 basis points to 4.55%.

In economic news, the New York Federal Reserve's Empire State manufacturing index rebounded to 5.7 in February from minus 12.6 in January, compared with minus 2 in a survey compiled by Bloomberg.

The National Association of Home Builders' monthly housing market index fell to 42 in February from 47 in January, compared with expectations for 46 in a survey compiled by Bloomberg.

In corporate news, Robinhood (HOOD) plans to launch cryptocurrency offerings in Singapore later this year, Bloomberg reported. Robinhood shares were falling 6.7%.