01:55 PM EDT, 08/06/2024 (MT Newswires) -- Financial stocks were advancing in Tuesday afternoon trading, with the NYSE Financial Index rising 1.8% and the Financial Select Sector SPDR Fund (XLF) climbing 2.3%.

The Philadelphia Housing Index added 1.6%, and the Real Estate Select Sector SPDR Fund (XLRE) gained 2.7%.

Bitcoin (BTC-USD) jumped 3.8% to $56,735, and the yield for 10-year US Treasuries rose 11.1 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, NCR Voyix ( VYX ) shares were falling 1.9% after the company said Tuesday it has 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 were shedding 1.7% after it said Tuesday that its WisdomTree Asset Management unit has 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 Tuesday. KKR shares were rising 4.6%.