02:02 PM EDT, 09/17/2024 (MT Newswires) -- Financial stocks were higher in Tuesday afternoon trading, with the NYSE Financial Index edging up 0.1% and the Financial Select Sector SPDR Fund (XLF) gaining 0.4%.

The Philadelphia Housing Index was adding 0.4%, while the Real Estate Select Sector SPDR Fund (XLRE) was shedding 0.4%.

Bitcoin (BTC-USD) gained 4.7% to $60,844, and the yield for 10-year US Treasuries was rising 3 basis points to 3.65%.

In economic news, US retail sales gained 0.1% in August, compared with the 0.2% decline anticipated in a survey compiled by Bloomberg and the previous month's 1.1% increase.

In regulatory news, the US Department of Justice has revived an investigation into how lenders unwound over $150 billion in bets placed by Archegos, Bloomberg reported. Credit Suisse, Nomura (NMR) and UBS (UBS) reached a managed liquidation agreement to sell off parts of their exposure to Archegos. Goldman Sachs ( GS ) , Morgan Stanley ( MS ) and Deutsche Bank ( DB ) considered such an arrangement before deciding against it, the report said.

In corporate news, JPMorgan Chase ( JPM ) is in advanced talks with Apple ( AAPL ) to take over the tech giant's credit card program from Goldman Sachs ( GS ) , The Wall Street Journal reported. JPMorgan ( JPM ) shares added 0.3%, Goldman and Apple ( AAPL ) were each easing about 0.1%.

New York Community Bancorp ( NYCB/PU ) shares popped 3.6% after Raymond James upgraded the stock to market perform from underperform, citing a "more favorable interest rate environment."

Territorial Bancorp ( TBNK ) shareholders should vote against the planned merger with Hope Bancorp ( HOPE ) and "voice their support" for the $12-per- share cash offer by Blue Hill Advisors and other investors, the rival buyers said Tuesday. Territorial shares rose 1.5% and Hope was was up 1.1%.