02:02 PM EDT, 08/14/2025 (MT Newswires) -- Financial stocks were mixed in Thursday afternoon trading, with the NYSE Financial Index shedding 0.1% and the Financial Select Sector SPDR Fund (XLF) fractionally higher.

The Philadelphia Housing Index was falling 1.6%, and the Real Estate Select Sector SPDR Fund (XLRE) was shedding 1.1%.

Bitcoin (BTC-USD) was declining 3.2% to $117,760, and the yield for 10-year US Treasuries was rising 4.9 basis points to 4.29%.

In economic news, the US Producer Price Index rose 0.9% in July from flat in June, above the 0.2% forecast in a survey compiled by Bloomberg and the largest monthly gain since June 2022, according to the Bureau of Labor Statistics.

In regulatory news, New York Attorney General Letitia James on Wednesday sued Zelle payments network operator Early Warning Services, alleging that it failed to shield its users from "massive amounts of fraud." Early Warning Services is owned and controlled by a group of some major US banks, including JPMorgan Chase (JPM), Bank of America (BAC), Capital One (COF), and Wells Fargo (WFC), according to the statement.

In corporate news, Bank of Montreal ( BNKD ) and Royal Bank of Canada ( RY ) have put their joint Canadian payments venture up for sale, in a deal that could value the unit as much as $2 billion, Reuters reported. Bank of Montreal ( BNKD ) shares shed 0.7% and Royal Bank of Canada ( RY ) was up 0.1%.

PagSeguro Digital ( PAGS ) shares dropped past 7% after its unit, Pagbank, reported Q2 results.

Troops (TROO) shares rose 0.1% after it said Thursday it signed a non-binding deal to buy a portfolio of UK property assets valued at about 40 million British pounds ($54.2 million).