02:00 PM EDT, 05/30/2025 (MT Newswires) -- Financial stocks were decreasing in Friday afternoon trading, with the NYSE Financial Index down 0.3% and the Financial Select Sector SPDR Fund (XLF) off 0.4%.

The Philadelphia Housing Index was shedding 0.8%, and the Real Estate Select Sector SPDR Fund (XLRE) was down 0.5%.

Bitcoin (BTC-USD) was declining 2.3% to $104,134, and the yield for 10-year US Treasuries shed 1.6 basis points to 4.41%.

In economic news, President Donald Trump has alleged that China has breached a preliminary trade agreement brokered by US Treasury Secretary Scott Bessent in Switzerland.

The personal consumption expenditures price index, the Federal Reserve's preferred gauge of inflation, rose by 0.1%, as expected after a flat reading in March, trimming the year-over-year rate to 2.1% from 2.3%. The core PCE price index, which excludes food and energy prices, increased by 0.1%, also inline with expectations and following a 0.1% gain in March. The year-over-year rate slowed to 2.5% from 2.7% in the previous month.

NatWest ( NWG ) shares added 0.1% after it said Friday it returned to full private ownership after the UK government sold its remaining stake in the group to end a 17-year state ownership since the global financial crisis.

Nomura (NMR) Chief Executive Kentaro Okuda said the Japanese investment bank and brokerage remains committed to growing its US business despite market uncertainty surrounding tariffs, news outlets reported. Nomura shares rose 0.6%.

Brookfield Asset Management ( BAM ) is looking to raise about $3 billion in debt to finance the acquisition of Colonial Enterprises, Bloomberg reported. Brookfield shares eased 0.1%.