Financial stocks advanced in Friday afternoon trading, with the NYSE Financial Index and the Financial Select Sector SPDR Fund (XLF) each rising 0.4%.
The Philadelphia Housing Index shed 0.1%, and the Real Estate Select Sector SPDR Fund (XLRE) lost 1%.
Bitcoin (BTC-USD) dropped 1.4% to $69,693, and the yield for 10-year US Treasuries rose 7.5 basis points to 4.36%.
In economic news, the Bureau of Labor Statistics reported nonfarm payrolls climbed 12,000 in October. The consensus was for a 100,000 increase in a survey compiled by Bloomberg.
In corporate news, Mid Penn Bancorp (MPB) agreed to buy William Penn Bancorporation (WMPN) for $127 million in stock. Mid Penn shares dropped 3.8%, and William Penn shares fell 3.7%.
Simon Property Group (SPG) shares were falling nearly 1% after it reported Q3 funds from operations Friday of $2.84 per diluted share, down from $3.20 a year earlier. Analysts polled by Capital IQ expected $3.03.
CBIZ (CBZ) shares rose past 1% after the company said Friday it has closed the $2.3 billion cash-and-stock acquisition of the non-attest business of Marcum.
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