03:47 PM EDT, 10/15/2024 (MT Newswires) -- Financial stocks advanced in late Tuesday afternoon trading with the NYSE Financial Index up 0.5% and the Financial Select Sector SPDR Fund (XLF) rising 0.3%.

The Philadelphia Housing Index gained 1.2%, and the Real Estate Select Sector SPDR Fund (XLRE) climbed 1.4%.

Bitcoin (BTC-USD) increased 1.2% to $66,809, and the yield for 10-year US Treasuries dropped dropping 4.3 basis points to 4.03%.

In economic news, Redbook US same-store sales last week rose 5.6% from a year earlier after a 5.4% increase in the previous week.

In corporate news, Charles Schwab ( SCHW ) shares jumped 6.6% after Q3 adjusted earnings and revenue topped estimates by analysts.

Bank of America ( BAC ) reported higher-than-projected results for Q3 as gains in investment banking fees and trading revenue helped counter lower net interest income. The shares rose 1.1%.

Goldman Sachs' ( GS ) Q3 results topped expectations on double-digit gains in investment banking fees and wealth management revenue. The shares were little changed.

Citigroup ( C ) posted stronger-than-expected Q3 results amid fee-based revenue gains, while net interest income eased but is expected to decline less than expected this year. The stock still fell 5%.