Financial stocks were advancing in Friday afternoon trading, with the NYSE Financial Index up 0.4% and the State Street Financial Select Sector SPDR ETF (XLF) adding 0.5%.
The Philadelphia Housing Index was up 0.1%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was shedding 0.2%.
Bitcoin (BTC-USD) was falling 4.2% to $68,815, and the yield for 10-year US Treasuries was rising 9 basis points to 5.14%.
In corporate news, Barclays (BCS) plans to downsize its workforce by 200 positions across its investment bank starting next week, Bloomberg reported. Barclays shares were down 0.2%.
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