01:50 PM EDT, 07/29/2024 (MT Newswires) -- Financial stocks fell in Monday afternoon trading with the NYSE Financial Index down 0.3% and the Financial Select Sector SPDR Fund (XLF) off 0.1%.
The Philadelphia Housing Index gained 0.3%, and the Real Estate Select Sector SPDR Fund (XLRE) rose 0.2%.
Bitcoin (BTC-USD) fell 1.2% to $66,961, and the yield for 10-year US Treasuries declined 2.6 basis points to 4.17%.
In economic news, the Dallas Fed's monthly manufacturing index fell to minus 17.5 in July from minus 15.1 in June, compared with expectations for minus 15.5 in a survey compiled by Bloomberg.
In corporate news, Enstar ( ESGR ) shares tumbled 6.4%. The company agreed to be taken private by a Sixth Street-led consortium in a $5.1 billion deal.
Hope Bancorp ( HOPE ) shares fell 3.1% as the company reported Q2 revenue that missed analysts' estimates.
NatWest Group ( NWG ) is suing mortgage finance firm Credit Management & Investor Solutions, formerly General Motors Acceptance, for 155 million euros ($168 million) plus interest due to alleged failed securitization deals from the pre-financial crisis period, the Financial Times reported. NatWest ( NWG ) shares rose 1.3%.