03:50 PM EDT, 07/21/2025 (MT Newswires) -- Financial stocks were mixed in late Monday trading, with the NYSE Financial Index adding 0.2% and the Financial Select Sector SPDR Fund (XLF) easing 0.1%.

The Philadelphia Housing Index fell 0.7%, and the Real Estate Select Sector SPDR Fund (XLRE) advanced 0.5%.

Bitcoin (BTC-USD) fell 1.2% to $116,992, and the yield for 10-year US Treasuries fell 6 basis points to 4.37%.

In economic news, the Conference Board's measure of leading indicators fell by 0.3% in June, as expected in a survey compiled by Bloomberg and following a steady reading in May.

In corporate news, HSBC ( HSBC ) restarted the search for its next chairman after struggling to find enough suitable candidates from a pool of over 100 names, the Financial Times reported. HSBC ( HSBC ) shares rose 1.4%.

JPMorgan Chase ( JPM ) has hired State Street (STT) executive Rob Otter as head of its applied research and engineering team, which researches emerging technologies, including quantum computing, CNBC reported. JPMorgan ( JPM ) shares were down 0.2%, and State Street was down 0.5%.

First Community Bankshares ( FCBC ) has agreed to buy Hometown Bancshares for about $41.5 million in stock, the companies said Monday. First Community shares rose 1.4%.

Ellington Financial ( EFC ) shares added 0.4% after the firm said that it expects a sequential increase in Q2 adjusted distributable earnings.