03:36 PM EDT, 06/21/2024 (MT Newswires) -- Financial stocks fell in late Friday afternoon trading with the NYSE Financial Index off 0.4% and the Financial Select Sector SPDR Fund (XLF) decreasing 0.5%.

The Philadelphia Housing Index added 0.2%, and the Real Estate Select Sector SPDR Fund (XLRE) was little changed.

Bitcoin (BTC-USD) dropped 1.4% to $63,916, and the yield for 10-year US Treasuries edged higher to 4.26%, paring earlier gains.

In economic news, data from S&P Global showed the US private-sector composite output index edged up to 54.6 this month from 54.5 in May, above the 53.5 consensus in a survey compiled by Bloomberg.

Existing-home sales in the US dropped 0.7% in May to a seasonally adjusted annual rate of 4.11 million as the median sales price jumped to a record, the National Association of Realtors said. The consensus in a Bloomberg survey was 4.08 million.

In corporate news, US District Court for the Southern District of New York Judge Katherine Polk Failla dismissed all claims in a lawsuit between Capital One Financial ( COF ) and Walmart ( WMT ) over the companies' credit card partnership. Capital One shares fell 1.1% and Walmart ( WMT ) gained 0.3%.

The Federal Reserve and the Federal Deposit Insurance Corp. identified weaknesses in the resolution plans, also known as living wills, submitted by Bank of America ( BAC ) , Citigroup ( C ) , Goldman Sachs (GS) and JPMorgan Chase ( JPM ) , the agencies said. JPMorgan ( JPM ) and Citigroup ( C ) shares both dropped 1.4%, Goldman declined 1.3% and Bank of America ( BAC ) fell 1.4%.

KKR (KKR) acquired European live entertainment group Superstruct Entertainment from private equity firm Providence Equity Partners. Financial terms of the transaction weren't disclosed, but the Financial Times pegged the deal at 1.3 billion pounds ($1.64 billion). KKR shares fell 1.8%.

FactSet (FDS) shares jumped 3.5% as the company raised its fiscal 2024 adjusted earnings outlook after reporting a Q3 beat.