03:54 PM EDT, 09/19/2025 (MT Newswires) -- Financial stocks rose in late Friday afternoon trading, with the NYSE Financial Index adding 0.2% and the Financial Select Sector SPDR Fund (XLF) up 0.3%.

The Philadelphia Housing Index fell 0.8%, and the Real Estate Select Sector SPDR Fund (XLRE) was little changed.

Bitcoin (BTC-USD) fell 1.5% to $115,341, and the yield for 10-year US Treasuries rose 2.6 basis points to 4.134%.

In regulatory news, the US Securities and Exchange Commission will propose a rule change after President Donald Trump suggested moving quarterly earnings reports to a semiannual schedule, CNBC reported, citing an interview with SEC Chair Paul Atkins.

In corporate news, Apollo Global Management ( APO ) is in advanced talks to buy a majority stake in Spanish soccer club Atletico Madrid, the Financial Times reported. Apollo shares rose 1.1%.

Goldman Sachs ( GS ) launched the Liquid IPO Index, which tracks the performance of recently listed US companies, Bloomberg reported. Goldman shares were up 0.5%.

Brighthouse Financial ( BHF ) is in advanced talks over a potential $65 to $70 a share takeover by a consortium led by Aquarian, valuing the annuity provider at up to $4 billion, Bloomberg reported. Brighthouse shares jumped 29%.

Houlihan Lokey ( HLI ) was chosen as a financial adviser to the creditors of telecom company Altice International for debt talks, Bloomberg reported. Houlihan shares added 0.1%.