01:41 PM EST, 11/03/2025 (MT Newswires) -- Financial stocks were decreasing in Monday afternoon trading, with the NYSE Financial Index down 0.3% and the Financial Select Sector SPDR Fund (XLF) off 0.4%.

The Philadelphia Housing Index was falling 1.7%, and the Real Estate Select Sector SPDR Fund (XLRE) was shedding 0.6%.

Bitcoin (BTC-USD) was declining 2.9% to $107,366, and the yield for 10-year US Treasuries was rising 1.1 basis points to 4.11%.

In corporate news, Marsh McLennan ( MMC ) faces slowing organic growth and a lack of near-term catalysts amid softening insurance rates and broader economic uncertainty, BofA Securities said Monday in a report, downgrading the stock to underperform from neutral. BofA slashed its price target on Marsh stock to $181 from $243. Marsh shares fell 0.5%.