From Nasdaq:

Financial stocks were down in Wednesday afternoon trading, with the NYSE Financial Index falling 0.1% and the Financial Select Sector SPDR Fund (XLF) dropping 0.3%. Meanwhile, the Philadelphia Housing Index rose 1.2%, and the Real Estate Select Sector SPDR Fund (XLRE) gained 0.4%.

Bitcoin (BTC-USD) edged down 0.1% to $46,161, and the yield for 10-year US Treasuries was little changed at 4.02%. Mortgage applications rebounded 9.9% in the week ended Jan. 5 after a 9.4% drop in the previous report, even as mortgage rates rose further, according to the Mortgage Bankers Association.

Coinbase was 0.2% lower after the US Securities and Exchange Commission said that a posting claiming bitcoin exchange-traded products had been approved was wrong. Nu Mexico launched the option for customers to receive money from the US via WhatsApp, and shares of Nu rose 2.1%. WisdomTree reported net outflows of $765 million in December, bringing total assets under management to about $100.13 billion as of Dec. 31. Its shares were up 0.5%.



Read more: Financial Sector Update for 01/10/2024: COIN, NU, WT