03:54 PM EDT, 09/10/2025 (MT Newswires) -- Financial stocks were declining in late Wednesday afternoon trading, with the NYSE Financial Index fractionally lower and the Financial Select Sector SPDR Fund (XLF) down 0.5%.

The Philadelphia Housing Index was shedding 0.5%, and the Real Estate Select Sector SPDR Fund (XLRE) was easing 0.1%.

Bitcoin (BTC-USD) was increasing 1.6% to $113,302, and the yield for 10-year US Treasuries was dropping 4 basis points to 4.03%.

In economic news, the producer price index fell 0.1% in August, after a downwardly revised 0.7% increase in July, the Bureau of Labor Statistics reported Wednesday. A Bloomberg-compiled survey forecast a 0.3% gain. Annually, producer prices growth decelerated to 2.6% from 3.1%, lagging analysts' expectations for a 3.3% increase.

In corporate news, Blackstone (BX) and Ares Management ( ARES ) are among companies providing about $3.6 billion in private financing to back Warburg Pincus' purchase of Park Place Technologies, Bloomberg reported. Blackstone shares rose 2.8% and Ares Management ( ARES ) shares gained 1.7%.

Klarna ( KLAR ) shares were climbing past 17% in recent trading Wednesday on the New York Stock Exchange after the company priced an IPO late Tuesday.

Goldman Sachs ( GS ) is pushing US regulators to allow it and other big banks that sell corporate bonds on investors' behalf to delay public reporting of their largest trades, Reuters reported, citing an internal white paper from the company. Goldman shares added 0.8%.

Fifth Third Bancorp ( FITB ) said Tuesday it recently discovered alleged external fraud at a commercial borrower of Fifth Third Bank related to an asset-backed finance loan with an outstanding balance of about $200 million. Fifth Third Bancorp ( FITB ) shares were up 0.1%.