01:34 PM EDT, 10/14/2025 (MT Newswires) -- Financial stocks were higher in Tuesday afternoon trading, with the NYSE Financial Index rising 1.3% and the Financial Select Sector SPDR Fund (XLF) ahead 1.6%.

The Philadelphia Housing Index was climbing 1.8%, and the Real Estate Select Sector SPDR Fund (XLRE) was up 0.8%.

Bitcoin (BTC-USD) was declining 1.6% to $112,821, and the yield for 10-year US Treasuries was shedding 2 basis points to 4.03%.

In economic news, President Donald Trump may impose 100% tariffs on China, depending on how Beijing responds in the ongoing dispute over rare earth materials, CNBC reported Tuesday, citing its interview with US Trade Representative Jamieson Greer.

In corporate news, Wells Fargo ( WFC ) shares jumped 7.9% after it reported a stronger-than-expected gain in Q3 revenue and earnings.

Citigroup ( C ) shares rose 4.6% after it reported Q3 diluted EPS and revenue above analysts' estimates.

Goldman Sachs ( GS ) shares were down 0.8% after the bank's higher Q3 operating expenses likely overshadowed otherwise positive earnings and revenue results. Separately, Goldman will cut some roles before the end of the year while limiting overall hiring as it looks to reduce costs and expand AI use, Bloomberg reported, citing a company memo to staff.

JPMorgan Chase ( JPM ) shares shed 0.8% after reporting Q3 results.