01:47 PM EDT, 09/17/2025 (MT Newswires) -- Financial stocks were rising in Wednesday afternoon trading, with the NYSE Financial Index and the Financial Select Sector SPDR Fund (XLF) each adding 0.7%.

The Philadelphia Housing Index was increasing 0.8%, and the Real Estate Select Sector SPDR Fund (XLRE) rose 0.6%.

Bitcoin (BTC-USD) was declining 0.9% to $115,712, and the yield for 10-year US Treasuries was rising 3 basis points to 4.05%.

Investors are awaiting the Federal Reserve's interest rate decision at 2 pm ET, which will be followed by Fed Chair Jerome Powell's press conference at 2:30 pm ET. The Fed's Federal Open Market Committee is widely expected to announce a 25 basis point easing, the first rate cut this year.

In corporate news, Rithm Capital ( RITM ) said Wednesday it has agreed to buy real estate investment trust Paramount Group ( PGRE ) for $1.6 billion in cash. Rithm shares gained 3.6%, and Paramount Group ( PGRE ) fell over 11%.

Goldman Sachs ( GS ) is assessing investor sentiment for a $6 billion loan to support Thoma Bravo's $12.3 billion acquisition of software company Dayforce (DAY), Bloomberg reported. Goldman shares were up 0.6%.

Carlyle (CG) and Macquarie held talks about Macquarie buying Carlyle, but those discussions fizzled out this summer, Semafor reported. Carlyle shares rose 1.3%.