03:30 PM EST, 03/07/2025 (MT Newswires) -- Financial stocks decreased in late Friday afternoon trading, with the NYSE Financial Index down 0.2% and the Financial Select Sector SPDR Fund (XLF) shedding 0.4%.

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

Bitcoin (BTC-USD) fell 2.5% to $87,717, and the yield for 10-year US Treasuries rose 3 basis points to 4.32%.

In economic news, US monetary policymakers would want "greater clarity" around the Trump administration's policy changes before making their next move on interest rates, Federal Reserve Chair Jerome Powell said Friday.

Nonfarm payrolls rose by 151,000 last month, the Bureau of Labor Statistics reported. The consensus was for a 160,000 increase, according to a Bloomberg survey.

In corporate news, Visa (V) has been asked to hand over records of its payments deal with Elon Musk's X by Sen. Richard Blumenthal, CNBC reported Friday, citing a letter it obtained. Shares of Visa were up 0.5%.