03:57 PM EST, 12/27/2024 (MT Newswires) -- Financial stocks were lower late Friday afternoon, with the NYSE Financial Index down 0.6% and the Financial Select Sector SPDR Fund (XLF) shedding 0.9%.

The Philadelphia Housing Index dropped 1.1%, and the Real Estate Select Sector SPDR Fund (XLRE) slipped 0.9%.

Bitcoin (BTC-USD) fell 1.5% to $94,275, while the yield for 10-year US Treasuries rose 4 basis points to 4.62%.

In economic news, data released by the US Census Bureau showed that the US advance international trade in goods deficit widened to $102.86 billion in November from $98.26 billion in October, a bigger gap than the $101.2 billion deficit expected in a survey compiled by Bloomberg.

In corporate news, Source Capital ( SOR ) said its board approved a special distribution of almost $2.66 per share in December after the company realized "substantial capital gains" in 2024. Its shares were fractionally lower.

Brookfield Asset Management ( BAM ) and co-investors bought a 53% stake in French renewables developer, Neoen, for 39.85 euros ($41.53) a share, Bloomberg reported. Brookfield shares fell 1.5%.

LM Funding America ( LMFA ) shares added over 4% after the company said it has ordered 270 S21+ mining machines from Bitmain.

KeyCorp ( KEY ) shares shed 1.2%. The firm said that the Bank of Nova Scotia ( BNS ) closed the purchase of about $2 billion of KeyCorp's ( KEY ) shares. Bank of Nova Scotia ( BNS ) shares were little changed.