03:21 PM EST, 02/25/2025 (MT Newswires) -- Financial stocks were advancing in late Tuesday afternoon trading, with the NYSE Financial Index adding 0.6% and the Financial Select Sector SPDR Fund (XLF) up 0.1%.

The Philadelphia Housing Index climbed 2.8%, and the Real Estate Select Sector SPDR Fund (XLRE) rose 1.3%.

Bitcoin (BTC-USD) fell 6.7% to $87,945 and the yield for 10-year US Treasuries dropped 9.7 basis points to 4.30%.

In economic news, the Conference Board's measure of consumer confidence fell to 98.3 in February from 105.3 in January, a larger drop than the 102.5 expected in a survey compiled by Bloomberg.

In corporate news, PayPal ( PYPL ) set out 2027 targets that implied acceleration on the bottom line from its 2025 outlook, while announcing a new merchant platform that integrates with external partners. Its shares were down 1.5%.