03:32 PM EDT, 05/20/2025 (MT Newswires) -- Financial stocks fell in late Tuesday afternoon trading with the NYSE Financial Index and the Financial Select Sector SPDR Fund (XLF) each shedding 0.7%.

The Philadelphia Housing Index declined 1.4%, and the Real Estate Select Sector SPDR Fund (XLRE) was decreasing 0.7%.

Bitcoin (BTC-USD) rose 1.4% to $106,334, 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 states 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, Goldman Sachs ( GS ) plans to open more offices and expand headcount in the Middle East, Bloomberg reported, citing Marc Nachmann, the bank's global head of asset and wealth management. Goldman shares were down 1.1%.