03:53 PM EDT, 07/31/2025 (MT Newswires) -- Financial stocks were lower late Thursday afternoon, with the NYSE Financial Index and the Financial Select Sector SPDR Fund (XLF) each shedding about 0.3%.

The Philadelphia Housing Index eased 0.1%, while the Real Estate Select Sector SPDR Fund (XLRE) was falling 1.7%.

Bitcoin (BTC-USD) was decreasing 0.7% to $117,127, and the yield for 10-year US Treasuries declined 2 basis points to 4.36%.

In economic news, President Donald Trump said Thursday on Truth Social that he is extending the deadline for when tariffs go into effect for Mexico by 90 days.

The personal consumption expenditures price index rose 0.3%, matching expectations of a survey conducted by Bloomberg, and lifting the year-over-year rate to 2.6% from 2.4%.

In corporate news, Acadian Asset Management ( AAMI ) shares rose 5.2% after it reported Q2 non-GAAP earnings of $0.64 per share, up from $0.45 a year earlier. A single analyst expected $0.54 in a Factset poll.

Mastercard ( MA ) shares rose 1.4% after the company reported Q2 results above Wall Street expectations, reflecting robust consumer spending that helped lift cross-border volume.

S&P Global ( SPGI ) shares climbed 4% after it reported higher Q2 adjusted earnings and revenue that beat analyst expectations and lifted the low-end of its 2025 adjusted earnings outlook.