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Sector Update: Financial

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Financial stocks edged lower in Thursday afternoon trading, with the NYSE Financial Index and the State Street Financial Select Sector SPDR ETF (XLF) each easing about 0.1%.

The Philadelphia Housing Index was down 0.1%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was shedding 0.2%.

Bitcoin (BTC-USD) was rising 0.6% to $77,915, and the yield for 10-year US Treasuries was steady around 4.572%.

In corporate news, KKR (KKR) signed a definitive deal to sell its Circor Aerospace division to Parker-Hannifin (PH) for $2.55 billion, according to a Thursday statement. Funds managed by KKR will continue to own Circor's naval and industrial businesses after the deal. KKR shares were down 0.3%.

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