01:54 PM EDT, 03/27/2025 (MT Newswires) -- Financial stocks were decreasing in Thursday afternoon trading, with the NYSE Financial Index down 0.3% and the Financial Select Sector SPDR Fund (XLF) off 0.2%.

The Philadelphia Housing Index was shedding 0.2%, and the Real Estate Select Sector SPDR Fund (XLRE) decreased 0.4%.

Bitcoin (BTC-USD) was up 0.6% at $87,120, and the yield for 10-year US Treasuries was rising 2.9 basis points to 4.7%.

In economic news, US gross domestic product growth was revised up to 2.4% for Q4 from a 2.3% increase in the previous estimate, compared with expectations for no revision in a survey compiled by Bloomberg.

In corporate news, Blackstone's (BX) Blackstone Europe's 115 British pence per share ($1.48) final all-cash takeover proposal could be recommended to Warehouse REIT's shareholders if the asset manager puts a firm offer, the latter said Thursday. Separately, Blackstone's offer of 330 million British pounds for the "Can of Ham" building in London has been rejected by Nuveen, the tower's owner, Reuters reported. Blackstone shares were falling 1.9%.

Vanguard recently held talks with Carlyle (CG) and Blackstone, among others, to explore potential partnerships that would market private assets to individual investors, Bloomberg reported. Carlyle shares were shedding 2.1%.

Robinhood (HOOD) plans to introduce checking and savings accounts for its gold members this year, offering a savings rate of about 4% annually, Bloomberg reported, citing an interview with Deepak Rao, vice president and general manager of the company. Robinhood shares were down 1.2%.