03:57 PM EDT, 06/08/2026 (MT Newswires) -- Financial stocks were lower in late Monday afternoon trading, with the NYSE Financial Index and the State Street Financial Select Sector SPDR ETF (XLF) each declining 0.5%.

The Philadelphia Housing Index was down 0.5%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was falling 1.5%.

Bitcoin (BTC-USD) was adding 0.2% to $63,421, and the yield for 10-year US Treasuries rose 1.6 basis points to 4.552%.

In economic news, consumer expectations for one-year US inflation growth decreased to a 3.5% gain in May from a 3.6% gain in the previous month, according to a survey released by the New York Federal Reserve Bank on Monday. The median inflation expectations remained unchanged at 3.1% gain for the three-year period and at a 3.0% gain for five years ahead.

In corporate news, Allstate ( ALL ) shares fell 2.4% after Keefe Bruyette & Woods downgraded the stock to market perform from outperform and lowered the price target to $242 from $266.

Blue Owl Capital (OWL), Ares Management ( ARES ) , and Golub Capital are among firms targeting a $500 billion opportunity in Mexican pension funds, Bloomberg reported. Reforms have boosted contributions to workers' accounts, while new rules allow the Mexican funds to allocate more to international private-markets managers, the report said. Blue Owl shares were down 4.1%, and Ares rose 0.6%.

Goldman Sachs ( GS ) and JPMorgan Chase ( JPM ) are exploring trading futures contracts tied to rental prices for graphics processing units, a move that could help lenders manage risks associated with financing AI infrastructure, The Information reported. Goldman shares added 0.6%, and JPMorgan ( JPM ) was down 0.3%.

Blackstone Digital Infrastructure Trust ( BXDC ) offers exposure to stabilized data center assets with limited development risk, while projected industry-leading AFFO/share growth and potential cap rate compression provide investment upside, with Blackstone (BX) backing adding to the credibility, BofA Securities said in a note. Blackstone Digital Infrastructure Trust ( BXDC ) shares rose 1.4%.