03:50 PM EDT, 08/06/2024 (MT Newswires) -- Financial stocks advanced in late Tuesday afternoon trading with the NYSE Financial Index rising 2% and the Financial Select Sector SPDR Fund (XLF) climbing 2.2%.

The Philadelphia Housing Index added 1%, and the Real Estate Select Sector SPDR Fund (XLRE) gained 2.7%.

Bitcoin (BTC-USD) jumped 4.6% to $56,437, and the yield for 10-year US Treasuries rose 10 basis points to 3.89%.

In economic news, the US international trade deficit narrowed to $73.11 billion in June from a $75.01 billion gap in May, compared with the $72.5 billion shortfall expected in a survey compiled by Bloomberg.

In corporate news, Apollo Global Management ( APO ) shares jumped 5.7% after BofA Securities upgraded its rating on the stock to buy from neutral, while lowering the price target to $123 from $124.

NCR Voyix ( VYX ) shares fell 5.2% after the company agreed to sell its digital banking business to an affiliate of Veritas Capital for $2.45 billion in cash plus a future additional contingent consideration of up to $100 million.

WisdomTree ( WT ) shares fell 1.8% after its WisdomTree Asset Management unit received a Wells Notice from the US Securities and Exchange Commission for alleged violations related to three exchange-traded series of WisdomTree Trust.

KKR (KKR) is facing a shareholder lawsuit over payments to founders Henry Kravis and George Roberts in a transaction allegedly tied to a tax receivable agreement, The Wall Street Journal reported. KKR shares rose 4.3%.