03:50 PM EST, 11/13/2025 (MT Newswires) -- Financial stocks fell in late Thursday afternoon trading with the NYSE Financial Index and the Financial Select Sector SPDR Fund (XLF) each shedding 1.3%.

The Philadelphia Housing Index declined 1.6%, and the Real Estate Select Sector SPDR Fund (XLRE) lost 1.2%.

Bitcoin (BTC-USD) fell 3.1% to $98,514, and the yield for 10-year US Treasuries climbed 4 basis points to 4.12%.

In economic news, according to the Federal Reserve Bank of Cleveland's inflation nowcast, the core consumer price index, which excludes volatile food and energy prices, is forecast to have grown by an estimated 0.3% in October. In September, according to the US Bureau of Labor Statistics, the core CPI rose by 0.2%. October's CPI data from the bureau, scheduled for release on Thursday, is delayed, according to media reports.

In corporate news, Robinhood (HOOD) shares dropped 8.8% after a federal court denied the company's request to block enforcement of state gambling laws in Massachusetts. Robinhood argued that the Commodity Exchange Act preempts those laws.

Carlyle (CG) is exploring ways to acquire foreign assets from Lukoil, a major Russian oil company, Reuters reported. Carlyle shares fell 3.2%.

Spain's ACS is nearing a 23 billion euro ($26.8 billion) partnership with BlackRock's ( BLK ) Global Infrastructure Partners to develop data centers, Reuters reported. BlackRock ( BLK ) shares fell 2.3%.

Blackstone (BX) plans to invest $1.2 billion to build a 600-megawatt power generation facility in Harrison County, West Virginia, through funds affiliated with Blackstone Energy Transition Partners. Blackstone shares dropped 3.5%.