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Sector Update: Financial

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Financial stocks were higher in late Thursday afternoon trading, with the NYSE Financial Index rising 2.1% and the State Street Financial Select Sector SPDR ETF (XLF) climbing 2.6%.

The Philadelphia Housing Index increased 0.7%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) added 1.5%.

Bitcoin (BTC-USD) was 2.6% lower at $63,852, and the yield for 10-year US Treasuries decreased 1.6 basis points to 4.48%.

In corporate news, JPMorgan Chase (JPM) and Jefferies Financial (JEF) are organizing trips to Caracas as foreign investor interest in Venezuela's economic reopening and debt restructuring grows, Bloomberg reported. JPMorgan shares rose 3.6%, and Jefferies climbed 4.2%.

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