01:33 PM EDT, 06/11/2025 (MT Newswires) -- Financial stocks were advancing in Wednesday afternoon trading, with the NYSE Financial Index and the Financial Select Sector SPDR Fund (XLF) each adding 0.4%.

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

Bitcoin (BTC-USD) was increased 0.7% to $109,714, and the yield for 10-year US Treasuries dropped 6.2 basis points to 4.41%.

In economic news, US and Chinese officials have agreed on a framework for implementing the pact the two countries reached in Switzerland last month, CNBC reported after two days of talks in London between teams led by US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng.

The US seasonally adjusted consumer price index rose by 0.1% in May, below expectations for a 0.2% increase in a survey compiled by Bloomberg.

In corporate news, Robinhood (HOOD) shares rose 3.3% after it said Wednesday its funded customers reached 25.9 million at the end of May, an increase of about 5,000 from the previous month.