03:57 PM EST, 11/12/2025 (MT Newswires) -- Financial stocks rose in late Wednesday afternoon trading, with the NYSE Financial Index up 0.8% and the Financial Select Sector SPDR Fund (XLF) adding 1%.

The Philadelphia Housing Index was easing 0.2%, and the Real Estate Select Sector SPDR Fund (XLRE) was shedding 0.3%.

Bitcoin (BTC-USD) was declining 1.4% to $101,603, and the yield for 10-year US Treasuries dropped 5.5 basis points to 4.07%.

The government shutdown, which is now into a record 43rd day, could come to an end later on Wednesday, if the House passes a funding package and sends it to US President Donald Trump for his signature. The House is expected to vote on final passage around 7 pm ET, CBS News reported.

In regulatory news, the Federal Trade Commission has opened an investigation into Institutional Shareholder Services and Glass Lewis over whether the advisory firms violated antitrust laws by guiding shareholder votes on contentious issues, The Wall Street Journal reported.

In corporate news, Manulife Financial ( MFC ) and Mahindra & Mahindra said Wednesday they have agreed to establish a 50:50 life insurance joint venture in India. Manulife shares climbed 2.8%.

Citigroup ( C ) shares rose 2.2% after Bloomberg reported the company has been allowed to sell its Russian bank to Renaissance Capital under an order signed by Russian President Vladimir Putin.

Coinbase (COIN) said Wednesday it will leave Delaware and will reincorporate in Texas. Separately, Bloomberg reported Tuesday Coinbase has dropped plans to buy BVNK in a deal previously valued at about $2 billion. Coinbase shares were up 0.2%.

Mitsubishi UFJ Financial Group ( MUFG ) shares gained 2.3% after it reported Wednesday the closing of a $750 million senior secured revolving credit facility for Willis Mitsui & Co. Engine Support, a joint venture between Willis Lease Finance (WLFC) and Mitsui.