01:45 PM EDT, 10/25/2024 (MT Newswires) -- Financial stocks were declining in Friday afternoon trading, with the NYSE Financial Index down 0.9% and the Financial Select Sector SPDR Fund (XLF) falling 1.1%.

The Philadelphia Housing Index dropped 1.3%, and the Real Estate Select Sector SPDR Fund (XLRE) was easing 0.2%.

Bitcoin (BTC-USD) was falling 0.4% to $67,415, and the yield for 10-year US Treasuries was rising 1.4 basis points to 4.22%.

In economic news, the University of Michigan consumer sentiment index was revised upward to 70.5 for October from the 68.9 preliminary estimate and compared with expectations for 69.1 in a survey compiled by Bloomberg.

New orders for US durable goods fell 0.8% in September, in line with the previous month but versus a 1% decrease anticipated in a survey compiled by Bloomberg.

In corporate news, BM Technologies ( BMTX ) shares surged nearly 47% after it said Friday it has struck a deal for First Carolina Bank to buy the firm for $5 a share in cash with an equity value of about $67 million.

Bancorp (TBBK) shares tumbled past 15% after it posted a Q3 earnings miss.

Barclays ( JJCTF ) won its bid to reduce a shareholder lawsuit worth up to 560 million pounds ($727 million) by more than half at London's High Court, Reuters reported. The lawsuit is related to allegations that Barclays ( JJCTF ) misled the market about its private "dark pool" trading platforms. Barclays ( JJCTF ) shares were falling 4.4%.