01:13 PM EDT, 06/16/2026 (MT Newswires) -- Financial stocks were advancing in Tuesday afternoon trading, with the NYSE Financial Index rising 1.4% and the State Street Financial Select Sector SPDR ETF (XLF) ahead 1.6%.

The Philadelphia Housing Index was gaining 1.7%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was up 0.3%.

Bitcoin (BTC-USD) was declining 0.9% to $65,682, and the yield for 10-year US Treasuries was falling 4.1 basis points to 4.428%.

In corporate news, L3Harris Technologies (LHX) has selected JPMorgan Chase ( JPM ) and Morgan Stanley ( MS ) to lead the IPO of its missile unit Axyv, Bloomberg reported. JPMorgan ( JPM ) shares rose 3.8%, and Morgan Stanley ( MS ) added 1.3%.