03:28 PM EDT, 09/23/2025 (MT Newswires) -- Financial stocks were lower in late Tuesday afternoon trading, with the NYSE Financial Index down 0.4% and the Financial Select Sector SPDR Fund (XLF) shedding 0.7%.

The Philadelphia Housing Index was easing 0.2%, and the Real Estate Select Sector SPDR Fund (XLRE) rose 0.5%.

In economic news, the US Q2 current account deficit narrowed to $251.31 billion from $439.82 billion in the prior quarter, compared with expectations for a $256.6 billion deficit from a survey compiled by Bloomberg.

The September flash reading of manufacturing conditions from S&P Global dropped to a two-month low reading of 52.0 from 53.0 in August, compared with an expected reading of 52.2 in a Bloomberg survey.

Bitcoin (BTC-USD) was 0.7% lower at $111,931, and the yield for 10-year US Treasuries fell 2 basis points to 4.12%.

In corporate news, Toronto-Dominion Bank ( MLWIQXX ) unit TD Securities is being sued by a former executive who alleges the firm is unlawfully trying to enforce an "overbroad" and "non-compete agreement" and breached promises about his role and contributions. Toronto-Dominion Bank ( MLWIQXX ) shares were down 0.6%.