Sector Update: Financial Stocks Mixed Tuesday Afternoon

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Financial stocks were mixed Tuesday afternoon with the NYSE Financial Index up 0.1% and the Financial Select Sector SPDR Fund (XLF) decreasing 0.1%.

The Philadelphia Housing Index was little changed, and the Real Estate Select Sector SPDR Fund (XLRE) eased 0.1%.

Bitcoin (BTC-USD) rose 1.2% to $93,879, and the yield for 10-year US Treasuries climbed 3.8 basis points to 4.58%.

In economic news, the Federal Housing Finance Agency's measure of home prices rose 0.4% in October after an unrevised 0.7% increase in the previous month, as expected in a survey compiled by Bloomberg.

The Case-Shiller National Home Price index fell by 0.2% in October before seasonal adjustments, following a 0.1% decrease in September.

In corporate news, Dave (DAVE) shares fell 8.5% after the company denied Justice Department allegations of misleading customers with promises of cash advances, calling the complaint a case of "government overreach."

SiriusPoint (SPNT) shares jumped 15%, a day after disclosing a deal to repurchase all of its shares and warrants held by CM Bermuda for $733 million.

Affinity Bancshares (AFBI) shares fell 20% after the company and Atlanta Postal Credit Union agreed to terminate their proposed merger.

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