03:44 PM EST, 12/10/2024 (MT Newswires) -- Financial stocks were mixed in late Tuesday afternoon trading with the NYSE Financial Index down 0.1% and the Financial Select Sector SPDR Fund (XLF) up 0.1%.

The Philadelphia Housing Index fell 2%, and the Real Estate Select Sector SPDR Fund (XLRE) dropped 1.5%.

Bitcoin (BTC-USD) declined 1.6% to $95,997, and the yield for 10-year US Treasuries rose 2.2 basis points to 4.22%.

In economic news, the National Federation of Independent Business's monthly Small Business Optimism Index jumped to 101.7 in November from 93.7 in October, above 90.6 from a year earlier and the highest since June 2021.

In corporate news, Markel ( MKL ) faces pressure from Jana Partners to consider divesting or separating the private investments business, Bloomberg reported, citing Scott Ostfeld, managing partner at Jana Partners. Markel ( MKL ) shares were marginally up.

JPMorgan Chase ( JPM ) revised its net interest income guidance for 2025, saying it will likely come in about $2 billion higher than current estimates, Marianne Lake, the company's head of consumer and community banking said at the Goldman Sachs financial services conference. JPMorgan ( JPM ) shares were easing fractionally.

UBS (UBS) is restructuring its US wealth management business to serve the affluent in addition to ultra-wealthy clients, The Wall Street Journal reported, citing an email to staff. UBS shares fell almost 3%.

Citigroup ( C ) shares rose almost 1% after it said Tuesday it expects Q4 investment banking fees to be up 25% to 30% year over year.