01:45 PM EDT, 08/20/2024 (MT Newswires) -- Financial stocks were decreasing in Tuesday afternoon trading, with the NYSE Financial Index shedding 0.6% and the Financial Select Sector SPDR Fund (XLF) off 0.4%.
The Philadelphia Housing Index was falling 0.9%, and the Real Estate Select Sector SPDR Fund (XLRE) was down 0.3%.
Bitcoin (BTC-USD) was declining 1.1% to $58,814, and the yield for 10-year US Treasuries was decreasing 4.5 basis points to 3.82%.
In corporate news, Wells Fargo ( WFC ) announced plans on Tuesday to sell the non-agency third-party servicing segment of its commercial mortgage servicing business to Trimont. Wells Fargo ( WFC ) shares were shedding 0.3%.
KKR (KKR) is in advanced talks to buy The Parking Spot in a transaction valued at about $1.4 billion, Bloomberg reported Tuesday. KKR shares were falling 1.3%.
Goldman Sachs ( GS ) Chief Technology Officer Atte Lahtiranta is leaving to join Citadel, Bloomberg reported Tuesday. Goldman shares shed 1%.