03:41 PM EST, 11/13/2024 (MT Newswires) -- Financial stocks were edging higher in late Wednesday afternoon trading, with the NYSE Financial Index up 0.1% and the Financial Select Sector SPDR Fund (XLF) rising 0.2%.

The Philadelphia Housing Index increased 0.1%, and the Real Estate Select Sector SPDR Fund (XLRE) gained 1%.

Bitcoin (BTC-USD) jumped 1.6% to $90,901, and the yield for 10-year US Treasuries rose rising 1.6 basis points to 4.45%.

In economic news, the US seasonally adjusted consumer price index rose by 0.2% in October, as expected in a survey compiled by Bloomberg, and following a 0.2% increase in September, the Bureau of Labor Statistics said.

In corporate news, Dave's ( DAVE ) shares surged 43%, a day after the company boosted 2024 guidance. B. Riley raised the company's price target to $103 from $63 and maintained the buy rating.

Sezzle ( SEZL ) shares rose 2% after it said Wednesday its Pay-in-4 flexible payments platform is now available for Rural King customers at the retailer's 130 US stores and online.

Dime Community Bancshares ( DCOM ) said Wednesday it closed its public offering of about 4.5 million shares at $32 per share for gross proceeds of roughly $144 million. Its shares added 0.7%.

Hut 8 ( HUT ) shares popped 4.9% after the company reported it swung to a Q3 profit as revenue more than doubled compared with a year earlier.