01:02 PM EDT, 08/29/2025 (MT Newswires) -- Financial stocks were advancing in Friday afternoon trading, with the NYSE Financial Index up 0.3% and the Financial Select Sector SPDR Fund (XLF) ahead 0.5%.

The Philadelphia Housing Index was down 0.5%, and the Real Estate Select Sector SPDR Fund (XLRE) added 0.3%.

Bitcoin (BTC-USD) was declining 3.3% to $108,795, and the yield for 10-year US Treasuries was rising 2 basis points to 4.22%.

In corporate news, PayPal ( PYPL ) is working with local banks to fix any remaining issues after a major outage disrupted payments in Germany, Reuters reported, citing a company spokesperson. The company reportedly confirmed the problem has been resolved. PayPal ( PYPL ) shares were rising 0.3%.