03:23 PM EDT, 06/12/2025 (MT Newswires) -- Financial stocks were mixed in late Thursday afternoon trading with the NYSE Financial Index up 0.1% and the Financial Select Sector SPDR Fund (XLF) down 0.1%

The Philadelphia Housing Index rose 0.7%, and the Real Estate Select Sector SPDR Fund (XLRE) gained 0.3%.

Bitcoin (BTC-USD) fell 1% to $107,730, and the yield for 10-year US Treasuries dropped 6.5 basis points to 4.362%.

In economic news, the US producer price index rose by 0.1% in May, following a 0.2% decrease in April and below the 0.2% gain expected in a survey compiled by Bloomberg.

US initial jobless claims last week were flat at 248,000 after an upward revision to the previous week's level, above expectations for 242,000 in survey of analysts compiled by Bloomberg.

In corporate news, Chime Financial ( CHYM ) stock surged 35% in the company's debut on Nasdaq after the initial public offering of 32 million shares priced at $27 each.