01:50 PM EDT, 10/23/2024 (MT Newswires) -- Financial stocks were decreasing in Wednesday afternoon trading, with the NYSE Financial Index down 0.3% and the Financial Select Sector SPDR Fund (XLF) off 0.2%.

The Philadelphia Housing Index was shedding 0.5%, and the Real Estate Select Sector SPDR Fund (XLRE) was up 0.7%.

Bitcoin (BTC-USD) was falling 2.4% to $65,794, while the yield for 10-year US Treasuries was rising 4 basis points to 4.25%.

In economic news, the pace of US existing-home sales fell 1% to a 3.84 million seasonally adjusted annual rate in September from 3.88 million in August, data from the National Association of Realtors showed. The average forecast was 3.88 million in a survey compiled by Bloomberg.

In corporate news, Goldman Sachs ( GS ) and Apple ( AAPL ) were ordered by the Consumer Financial Protection Bureau to pay over $89 million for alleged breakdowns in customer service and misrepresentations that impacted hundreds of thousands of Apple Card users, the agency said Wednesday. Goldman shares fell 0.4% and Apple ( AAPL ) was dropping 2.7%.

New York Attorney General Letitia James is investigating Capital One Financial's ( COF ) planned acquisition of Discover Financial Services ( DFS ) , Bloomberg reported Wednesday. Capital One was falling 1% and Discover Financial shares was shedding 0.9%.

Citigroup ( C ) Chair John Dugan does not expect the revised Basel III proposal for bank capital requirements to be finalized ahead of the US elections, Bloomberg reported. Citigroup ( C ) shares were down 0.9%.