01:23 PM EDT, 06/16/2025 (MT Newswires) -- Financial stocks advanced in Monday afternoon trading with the NYSE Financial Index and the Financial Select Sector SPDR Fund (XLF) both climbing 1.3%.

The Philadelphia Housing Index rose 0.5%, and the Real Estate Select Sector SPDR Fund (XLRE) gained 0.4%.

Bitcoin (BTC-USD) increased 2% to $107,789, and the yield for 10-year US Treasuries was little changed at 4.42%.

Iran indicated it's urgently looking to end hostilities with Israel and resume nuclear talks, the Wall Street Journal reported, citing Middle Eastern and European officials.

In corporate news, KKR (KKR) and T-Mobile US' (TMUS) acquisition of joint control of US Internet, Ridgeview and JKT has been approved under the EU's merger regulations, the European Commission said. KKR shares gained 2%.