01:51 PM EST, 01/07/2025 (MT Newswires) -- Financial stocks rose in Tuesday afternoon trading with the NYSE Financial Index up 0.3% and the Financial Select Sector SPDR Fund (XLF) gaining 0.2%.

The Philadelphia Housing Index fell 0.8%, and the Real Estate Select Sector SPDR Fund (XLRE) dropped 0.5%.

Bitcoin (BTC-USD) declined 5% to $97,121, and the yield for 10-year US Treasuries advanced 6.1 basis points to 4.679%.

In economic news, US job openings rose to 8.098 million in November, according to the Bureau of Labor Statistics, above the 7.74 million openings expected in a survey compiled by Bloomberg.

The Institute for Supply Management's US services index rose to 54.1 in December from 52.1 in November, compared with expectations for a smaller increase to a 53.5 in a survey compiled by Bloomberg.

In corporate news, GFL Environmental ( GFL ) agreed to sell a majority stake in its environmental services business to funds managed by affiliates of Apollo Global Management ( APO ) and BC Partners for 8 billion Canadian dollars ($5.59 billion). Apollo shares fell 2.8%, and GFL shed 1.8%.

Ryan Specialty Holdings ( RYAN ) agreed to buy Velocity Risk Underwriters from funds managed by Oaktree Capital Management for $525 million in upfront cash, subject to adjustments. Ryan shares fell 1.1%.

Paychex ( PAYX ) agreed to buy Paycor HCM ( PYCR ) for $4.1 billion in cash. Paychex ( PAYX ) shares gained 2.6%, and Paycor fell 3%.