01:08 PM EDT, 07/16/2026 (MT Newswires) -- Financial stocks were advancing in Thursday afternoon trading, with the NYSE Financial Index and the State Street Financial Select Sector SPDR ETF (XLF) each increasing 0.2%.

The Philadelphia Housing Index was climbing 1.5%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was up 1.5%.

Bitcoin (BTC-USD) was shedding 0.5% to $64,377, and the yield for 10-year US Treasuries was rising 3.5 basis points to 4.58%.

In corporate news, US Bancorp ( USB ) and State Street (STT) reported higher Q2 earnings year over year on Thursday, as both lenders topped revenue estimates amid strong net interest income and fee-based gains. US Bancorp ( USB ) shares rose 1.8%, and State Street was down 1.3%.