03:59 PM EST, 12/05/2025 (MT Newswires) -- Financial stocks were advancing in late Friday afternoon trading, with the NYSE Financial Index up 0.2% and the Financial Select Sector SPDR Fund (XLF) fractionally higher.

The Philadelphia Housing Index was 0.3% lower, and the Real Estate Select Sector SPDR Fund (XLRE) rose 0.3%.

Bitcoin (BTC-USD) was declining 2.6% to $89,725, and the yield for 10-year US Treasuries rose 3 basis points to 4.14%.

In economic news, the growth in the core price consumption expenditures, or PCE, price index slowed to 2.8% year-over-year in September, from 2.9% in the previous month, according to the Bureau of Economic Analysis' delayed report released on Friday.

Separately, the University of Michigan's preliminary consumer sentiment index rose to 53.3 in December from 51.0 in November, above expectations for 52.0 in a survey compiled by Bloomberg.

In corporate news, Blackstone (BX) is leading a group of private credit firms in supplying $2 billion to help software maker Mitratech refinance a bank loan package, Bloomberg reported. Blackstone shares added 0.2%.

Barclays ( BCS ) is considering a potential acquisition of UK wealth manager Evelyn Partners and is planning to submit a bid next week, Reuters reported. Barclays ( BCS ) shares were down 0.9%.

DigitalBridge ( DBRG/PJ ) shares surged 47% after Bloomberg reported that SoftBank is in talks to buy the company.

KKR (KKR) is in talks to buy private equity firm Arctos Partners, the Financial Times reported. KKR shares rose 0.8%.

UBS (UBS) may avoid a hefty capital increase after the Swiss government signaled it could ease parts of a proposed regulation that might have forced the bank to raise up to $24 billion in additional capital, Reuters reported. UBS shares gained 4.6%.