03:42 PM EST, 11/03/2025 (MT Newswires) -- Financial stocks fell in late Monday afternoon trading with the NYSE Financial Index easing 0.1% and the Financial Select Sector SPDR Fund (XLF) declining 0.4%.

The Philadelphia Housing Index dropped 1.6%, and the Real Estate Select Sector SPDR Fund (XLRE) shed 0.4%.

Bitcoin (BTC-USD) fell 3.2% to $106,951, and the yield for 10-year US Treasuries was slightly higher at 4.11%.

In corporate news, Pine Labs, a digital payments provider backed by PayPal ( PYPL ) and Mastercard ( MA ) , intends to raise up to 39 billion rupees ($439 million) via an initial public offering in Mumbai, Bloomberg reported. PayPal ( PYPL ) shares fell 1.3%, and Mastercard ( MA ) dropped 1.2%.