03:26 PM EST, 11/26/2024 (MT Newswires) -- Financial stocks were mixed in late Tuesday afternoon trading, with the NYSE Financial Index fractionally down and the Financial Select Sector SPDR Fund (XLF) adding 0.2%.

The Philadelphia Housing Index was falling 2.1%, and the Real Estate Select Sector SPDR Fund (XLRE) was up 0.6%.

Bitcoin (BTC-USD) was dropping 3.8% to $91,139, and the yield for 10-year US Treasuries was rising 4.3 basis points to 4.31%.

In economic news, US new-home sales slowed to a 610,000 annual rate in October from an unrevised 738,000 pace in September, lower than the 725,000 rate expected in a survey compiled by Bloomberg.

The Conference Board's measure of consumer confidence increased to 111.7 in November from 109.6 in October, below a reading of 111.8 expected in a survey compiled by Bloomberg.

In corporate news, Citigroup ( C ) named Kate Moore as chief investment officer of its new wealth unit, Reuters reported, citing a memo from Andy Sieg, the head of the unit. Separately, Citigroup ( C ) is reducing the number of year-end staff promotions as part of a long-term turnaround to rein in costs, the Financial Times reported. Citi shares were shedding 1.6%.

Cipher Mining ( CIFR ) acquired a 250-acre data center site in West Texas with a capacity of up to 100 megawatts for $4.1 million. Its shares tumbled 12%.

Wells Fargo ( WFC ) is in the final stages of passing regulatory hurdles in order to lift a $1.95 trillion asset cap next year, Reuters reported. Its shares added 0.9%.