03:59 PM EDT, 10/31/2025 (MT Newswires) -- Financial stocks were mixed in late Friday afternoon trading with the NYSE Financial Index down 0.1% and the Financial Select Sector SPDR Fund (XLF) adding 0.3%.
The Philadelphia Housing Index rose 0.2%, and the Real Estate Select Sector SPDR Fund (XLRE) gained 0.3%.
Bitcoin (BTC-USD) rose 0.8% to $109,178, and the yield for 10-year US Treasuries was little changed at 4.09%.
In regulatory news, the Federal Reserve plans to shrink its banking supervision division by 30% by the end of next year, reducing staff to 350 from 500, the Wall Street Journal reported, citing an internal memo.
In economic news, the Institute for Supply Management's Chicago PMI reading rose to 43.8 in October from 40.6 in September, stronger than the 42.0 reading expected in a survey compiled by Bloomberg.
In corporate news, JPMorgan ( JPM ) flagged more than $1 billion in potentially suspicious transactions related to Jeffrey Epstein just weeks after the financier's death in 2019, the New York Times reported, citing a previously sealed internal report by the bank. JPMorgan ( JPM ) shares rose 0.7%.
Coinbase (COIN) is in late-stage talks to buy stablecoin infrastructure startup BVNK for $2 billion, pending due diligence, Bloomberg reported. Separately, Coinbase on Thursday reported Q3 adjusted earnings and sales above market expectations. The shares climbed 5%
Affirm (AFRM) struck an off-balance-sheet funding deal with mutual life insurance company New York Life, providing support for the buy-now, pay-later service provider's consumer lending operations. Affirm shares rose 4.1%.