03:38 PM EST, 11/13/2025 (MT Newswires) -- Financial stocks fell in late Thursday afternoon trading with the NYSE Financial Index dropping 1.2% and the Financial Select Sector SPDR Fund (XLF) shedding 1.4%.

The Philadelphia Housing Index declined 1.6%, and the Real Estate Select Sector SPDR Fund (XLRE) lost 1.2%.

Bitcoin (BTC-USD) fell 3.1% to $98,514, and the yield for 10-year US Treasuries climbed 4 basis points to 4.12%.

In corporate news, Robinhood (HOOD) shares dropped 9.2% after a federal court denied the company's request to block enforcement of state gambling laws in Massachusetts. Robinhood argued that the Commodity Exchange Act preempts those laws.