01:36 PM EDT, 05/20/2025 (MT Newswires) -- Financial stocks fell in Tuesday afternoon trading with the NYSE Financial Index down 0.4% and the Financial Select Sector SPDR Fund (XLF) shedding 0.5%.

The Philadelphia Housing Index declined 0.7%, and the Real Estate Select Sector SPDR Fund (XLRE) was decreasing 0.5%.

Bitcoin (BTC-USD) rose 0.5% to $106,164, and the yield for 10-year US Treasuries was little changed at 4.48%.

In economic news, Redfin (RDFN) said US home prices dropped 0.1% in April on a seasonally adjusted basis, the first sequential decline since September 2022. Home prices rose 4.1% from a year earlier versus 4.9% growth in March and the lowest annual price growth since July 2023.

In sector news, Republican financial officers from 21 state urged the US Securities and Exchange Commission to determine if Chinese companies should be delisted from US stock exchanges for failing to protect American investors, the Financial Times reported.

In corporate news, UBS (UBS) is expected to lose its initial bid to ease a Swiss proposal requiring higher capital reserves for foreign subsidiaries, Bloomberg reported. UBS shares fell 4%.