Sector Update: Financial

Financial stocks were advancing in late Thursday afternoon trading, with the NYSE Financial Index adding 0.4% and the State Street Financial Select Sector SPDR ETF (XLF) up 0.3%.The Philadelphia Housing Index was climbing 1.3%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) rose 0.9%.Bitcoin (BTC-USD) rose 1% to $71,832, and the yield for 10-year US Treasuries was slightly lower at 4.29%.In corporate news, TPG (TPG) has hired UBS (UBS) and Malayan Banking to help weigh options for Malaysian medical services provider Asia OneHealthcare, Bloomberg reported. TPG shares were down 0.2%, and UBS added 0.2%.

-- Financial stocks were advancing in late Thursday afternoon trading, with the NYSE Financial Index adding 0.4% and the State Street Financial Select Sector SPDR ETF (XLF) up 0.3%.

The Philadelphia Housing Index was climbing 1.3%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) rose 0.9%.

Bitcoin (BTC-USD) rose 1% to $71,832, and the yield for 10-year US Treasuries was slightly lower at 4.29%.

In corporate news, TPG (TPG) has hired UBS (UBS) and Malayan Banking to help weigh options for Malaysian medical services provider Asia OneHealthcare, Bloomberg reported. TPG shares were down 0.2%, and UBS added 0.2%.