03:31 PM EDT, 06/01/2026 (MT Newswires) -- Financial stocks were lower in late Monday afternoon trading, with the NYSE Financial Index shedding 0.5% and the State Street Financial Select Sector SPDR ETF (XLF) decreasing 0.3%.

The Philadelphia Housing Index was down 0.4%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) fell 1.4%.

Bitcoin (BTC-USD) was declining 3% to $71,366, and the yield for 10-year US Treasuries rose 2.2 basis points to 4.475%.

In corporate news, BlackRock ( BLK ) has launched a $25 million request for proposals under its $100 million Future Builders initiative to support the skilled trades workforce in the US, the company said. BlackRock ( BLK ) shares were down 2.9%.