01:24 PM EST, 11/05/2025 (MT Newswires) -- Financial stocks advanced in Wednesday afternoon trading with the NYSE Financial Index rising 0.7% and the Financial Select Sector SPDR Fund (XLF) adding 0.5%.

The Philadelphia Housing Index fell 0.5%, and the Real Estate Select Sector SPDR Fund (XLRE) edged up 0.1%.

Bitcoin (BTC-USD) rose 2.4% to $103,934, and the yield for 10-year US Treasuries gained 6 basis points to 4.15%.

In corporate news, Lemonade (LMND) shares surged 35% after the company reported better-than-expected Q3 revenue and raised its full-year guidance.