03:29 PM EDT, 03/18/2025 (MT Newswires) -- Financial stocks were decreasing in late Tuesday afternoon trading, with the NYSE Financial Index and the Financial Select Sector SPDR Fund (XLF) each easing 0.1%.

The Philadelphia Housing Index was shedding 0.1%, and the Real Estate Select Sector SPDR Fund (XLRE) fell 0.7%.

Bitcoin (BTC-USD) was declining 2.5% to $81,969, and the yield for 10-year US Treasuries dropped 3 basis points to 4.28%.

In economic news, US industrial production rose by 0.7% in February, compared with expectations for a smaller 0.2% increase in a survey compiled by Bloomberg.

In corporate news, UBS (UBS) is facing potential higher capital requirements in stages over several years, Bloomberg reported, citing Switzerland's Financial Market Supervisory Authority Chief Executive Stefan Walter in an interview. UBS shares were rising 1.7%.