03:41 PM EDT, 07/31/2025 (MT Newswires) -- Financial stocks were lower in late Thursday afternoon trading, with the NYSE Financial Index and the Financial Select Sector SPDR Fund (XLF) each shedding 0.3%.

The Philadelphia Housing Index eased 0.1%, while the Real Estate Select Sector SPDR Fund (XLRE) was falling 1.7%.

Bitcoin (BTC-USD) was decreasing 0.7% to $117,127, and the yield for 10-year US Treasuries declined 2 basis points to 4.36%.

In economic news, President Donald Trump said Thursday on Truth Social that he is extending the deadline for when tariffs go into effect for Mexico by 90 days.

The personal consumption expenditures, or PCE, price index rose by 0.3%, matching expectations of a survey conducted by Bloomberg and lifting the year-over-year rate to 2.6% from 2.4%.

In corporate news, Acadian Asset Management ( AAMI ) shares rose 5.9% after it reported Q2 non-GAAP earnings Thursday of $0.64 per share, up from $0.45 a year earlier. A single analyst surveyed by FactSet expected $0.54 per share.