Financial stocks were mixed in late Tuesday afternoon trading with the NYSE Financial Index up 0.2% and the Financial Select Sector SPDR Fund (XLF) easing 0.2%.

The Philadelphia Housing Index gained 0.9%, and the Real Estate Select Sector SPDR Fund (XLRE) fell 0.1%.

Bitcoin (BTC-USD) declined 2.8% to $98,543, and the yield of 10-year US Treasuries dropped 3 basis points to 4.51%.

In economic news, China imposed retaliatory measures on Tuesday after President Donald Trump announced a 10% tariff on Chinese goods over the weekend.

US job openings fell to 7.6 million in December, according to the Bureau of Labor Statistics, lower than the 8 million expected in a Bloomberg survey.

In corporate news, a group of banks led by Morgan Stanley (MS) is prepared to boost a sale of loans tied to social media platform X after receiving stronger-than-expected demand from investors, Bloomberg reported. Morgan Stanley shares fell 0.4%.

Coinbase (COIN) is requesting US banking regulators to amend or clarify their positions to permit banks to offer custody and trading execution services for cryptocurrencies and allow them to partner with the company, media reports said Tuesday, citing a letter the company sent to the Office of the Comptroller of the Currency, the Federal Reserve and the Federal Deposit Insurance Corp. Coinbase shares were down 1.5%.

Robinhood (HOOD) said Tuesday it is suspending the rollout of the Pro Football Championship market after its Robinhood Derivatives unit was requested by the Commodity Futures Trading Commission to "not permit customers to access" sports event contracts. Robinhood shares added 1.4%.

PayPal (PYPL) issued a strong bottom-line outlook as Q4 earnings unexpectedly rose, though its Q1 revenue guidance implied a sequential deceleration. Its shares fell past 12%.