03:31 PM EDT, 08/01/2025 (MT Newswires) -- Financial stocks were lower in late Friday afternoon trading, with the NYSE Financial Index falling 1.5% and the Financial Select Sector SPDR Fund (XLF) down 1.8%.

The Philadelphia Housing Index was climbing 1.6%, and the Real Estate Select Sector SPDR Fund (XLRE) was 0.2% lower.

Bitcoin (BTC-USD) was declining 3.3% to $113,305, and the yield for 10-year US Treasuries dropped 13.8 basis points to 4.22%.

In economic news, nonfarm payrolls rose 73,000 in July, the Bureau of Labor Statistics reported. The consensus was for a 104,000 increase, according to a Bloomberg survey. The BLS said the revisions for May and June were "larger than normal," with gains downgraded by 133,000 to 14,000 for June and by 125,000 for May.

In corporate news, Blackstone (BX) is the frontrunner to acquire data provider Enverus in a $6 billion deal, Reuters reported. Separately, Blackstone will reopen its New York City headquarters on Monday after a shutdown prompted by the July 28 shooting that killed four people, including a senior executive, Bloomberg reported. Blackstone shares were down 1.8%.