03:30 PM EDT, 10/22/2025 (MT Newswires) -- Financial stocks were lower in late Wednesday afternoon trading, with the NYSE Financial Index down 0.1% and the Financial Select Sector SPDR Fund (XLF) shedding 0.6%.

The Philadelphia Housing Index was falling 1.6%, and the Real Estate Select Sector SPDR Fund (XLRE) was adding 0.3%.

Bitcoin (BTC-USD) was easing 3.2% to $108,221, and the yield for 10-year US Treasuries shed 1 basis point to 3.95%.

In corporate news, Farmers National Banc ( FMNB ) and Middlefield Banc ( MBCN ) said Wednesday they have agreed to merge in an all-stock deal valued at about $299 million. Farmers National shares were down 4%, and Middlefield jumped 18%.