03:52 PM EDT, 04/06/2026 (MT Newswires) -- Financial stocks were advancing late Monday afternoon, with the NYSE Financial Index rising 0.5% and the State Street Financial Select Sector SPDR ETF (XLF) ahead 0.6%.

The Philadelphia Housing Index was up 0.7%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) added 0.4%.

Bitcoin (BTC-USD) was climbing 1.3% to $69,870, and the yield for 10-year US Treasuries was increasing 2.2 basis points to nearly 4.34%.

In economic news, the Institute for Supply Management's US services index fell to 54.0 in March from 56.1 in February, compared with expectations for 54.9 in a Bloomberg poll. The index indicates a slower pace of expansion.

In corporate news, supply disruptions caused by the Iran war could keep inflation and interest rates higher than expected, JPMorgan ( JPM ) CEO Jamie Dimon said. JPMorgan ( JPM ) rose 1.4%.

KKR-backed (KKR) SmartHR is weighing a Tokyo initial public offering later this year that may value the company at around $1 billion, Bloomberg reported. KKR shares were down 0.5%.

Blackstone-backed (BX) QTS has launched the sale of a 10-year investment-grade green bond amid its data center buildout in Fayetteville, Georgia, Bloomberg reported. Blackstone shares were down 1%.

Sumitomo Mitsui Financial Group ( SMFG ) and Nippon Life Insurance are in discussions to establish a private credit fund with an initial capital of at least 500 billion Japanese yen ($3.14 billion), Bloomberg reported. Sumitomo edged up 0.2%.