03:39 PM EDT, 09/03/2025 (MT Newswires) -- Financial stocks fell in late Wednesday afternoon trading with the NYSE Financial Index and the Financial Select Sector SPDR Fund (XLF) each shedding 0.5%.

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

Bitcoin (BTC-USD) gained 0.7% to $111,955, and the yield on 10-year US Treasuries dropped 3.9 basis points to 4.224%.

In corporate news, Goldman Sachs' ( GS ) asset management arm, KKR (KKR), PSP Investments and Arcmont Asset Management are part of a lending group providing 1.4 billion euros ($1.6 billion) in payment-in-kind debt to finance CapVest Partners' acquisition of German pharmaceutical company Stada, Bloomberg reported. Goldman shares fell 0.5% and KKR dropped 3.4%.