12:35 PM EDT, 06/05/2026 (MT Newswires) -- Financial stocks were lower in Friday afternoon trading, with the NYSE Financial Index decreasing 0.4% and the State Street Financial Select Sector SPDR ETF (XLF) shedding 0.2%.

The Philadelphia Housing Index was down 0.7%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was up 0.9%.

Bitcoin (BTC-USD) was down 3.9% to $61,053, and the yield for 10-year US Treasuries rose 6.1 basis points to 4.536%.

In corporate news, JPMorgan Chase ( JPM ) , Bank of America ( BAC ) , Citigroup ( C/PN ) (C) and Wells Fargo (WFC) plan to launch a tokenized deposit network in H2 2027 to connect traditional banking systems with blockchain technology, The Wall Street Journal reported Friday. JPMorgan ( JPM ) shares fell 0.3%, Bank of America ( BAC ) shares dropped 0.8%, Citigroup ( C/PN ) shares were down 2.6%, and Wells Fargo ( WFC ) shed 0.1%.