01:55 PM EDT, 06/09/2025 (MT Newswires) -- Financial stocks were lower in Monday afternoon trading, with the NYSE Financial Index easing 0.1% and the Financial Select Sector SPDR Fund (XLF) down 0.2%.

The Philadelphia Housing Index was climbing 1.2%, and the Real Estate Select Sector SPDR Fund (XLRE) added 0.5%.

Bitcoin (BTC-USD) was up 2.1% at $108,320, and the yield for 10-year US Treasuries was down 3 basis points at 4.48%.

In economic news, consumer expectations for one-year US inflation growth eased to 3.2% in May from 3.6% in the previous month, according to a survey released by the New York Federal Reserve Bank on Monday.

In corporate news, Barclays ( BCS ) is readying plans to cut over 200 jobs in its investment bank in the coming days as part of its plan to boost the division's profitability, Bloomberg reported. Barclays ( BCS ) shares were down 0.2%.

Moelis (MC) said Monday that Co-Founder and Co-President Navid Mahmoodzadegan will assume the role of chief executive, taking over for Ken Moelis, effective Oct. 1. Moelis shares were shedding 0.3%.

Robinhood (HOOD) and AppLovin ( APP ) shares were each falling past 4% after S&P Dow Jones Indices didn't make any changes to the S&P 500 on Friday. Media reports said earlier that Robinhood and AppLovin ( APP ) were likely to be additions to the benchmark index.

Synchrony (SYF) and OnePay said Monday they will roll out a new credit card program in partnership with Walmart (WMT) this fall. Synchrony shares gained 4%.