03:30 PM EDT, 03/20/2025 (MT Newswires) -- Financial stocks were mixed in late Thursday afternoon trading, with the NYSE Financial Index fractionally lower and the Financial Select Sector SPDR Fund (XLF) up 0.3%.

The Philadelphia Housing Index was up 0.1%, while the Real Estate Select Sector SPDR Fund (XLRE) was down 0.2%.

Bitcoin (BTC-USD) fell 3.1% to $84,203, and the yield for 10-year US Treasuries declined two basis points to 4.23%.

In economic news, US initial jobless claims rose to 223,000 in the week ended March 15 from an upwardly revised 221,000 in the previous week, below expectations for 224,000 in a survey of analysts compiled by Bloomberg.

In corporate news, BlackRock ( BLK ) is seeking to expand its retail-focused products, including exchange-traded funds in Europe, as part of a strategy to attract a new generation of investors, Chief Product Officer Stephen Cohen told Reuters in an interview. BlackRock ( BLK ) shares were shedding 0.2%.