financetom
Market
financetom
/
Market
/
Sector Update: Financial Stocks Advance Premarket Monday
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Financial Stocks Advance Premarket Monday
Jun 30, 2025 6:45 AM

09:18 AM EDT, 06/30/2025 (MT Newswires) -- Financial stocks were advancing premarket Monday with the Financial Select Sector SPDR Fund (XLF) 0.6% higher recently.

The Direxion Daily Financial Bull 3X Shares ( FAS ) was up 1.5% and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 1.6% lower.

Goldman Sachs ( GS ) scrapped plans to launch a Mediterranean hotel brand after selling three seaside resorts in northern Greece this spring, barely breaking even on its 100 million euro ($117.1 million) investment, the Wall Street Journal reported, citing people familiar with the matter. Shares of Goldman Sachs Group ( GS ) were up by nearly 4% pre-bell.

KKR (KKR) shares were up more than 1% after the company and Torrent Pharmaceuticals said Torrent has agreed to acquire a controlling stake in J.B. Chemicals and Pharmaceuticals from KKR, to be followed by a merger of the two entities.

Walker & Dunlop ( WD ) said it has arranged the $170 million refinancing of Post District, a mixed-use complex with 580 residential units in Salt Lake City, Utah. Shares of Walker & Dunlop ( WD ) were 0.8% lower pre-bell.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Crypto Stocks Gain as Bitcoin Tops $72K for First Time Since March
Crypto Stocks Gain as Bitcoin Tops $72K for First Time Since March
Apr 8, 2024
U.S. crypto-related stocks looked set to start the week on a positive note after bitcoin {{BTC}} climbed through $72,000 for the first time since mid-March as its reward halving draws closer. Coinbase (COIN), the only U.S. traded crypto exchange, added 4.9% in pre-market trading, MicroStrategy ( MSTR ) , the largest corporate holder of bitcoin, rose 10% and BlackRock’s bitcoin...
Futures muted as bond yields rise
Futures muted as bond yields rise
Apr 8, 2024
(Reuters) - U.S. stock index futures were flat on Monday as Treasury yields rose on rising bets that the U.S. Federal Reserve could delay interest rate cuts this year. Hawkish commentary from Fed officials throughout last week and stronger-than-expected manufacturing and jobs reports pointed to a resilient U.S. economy, taking pressure off the Fed to cut interest rates quickly. Wall...
Bausch Health Up Near 0.4% In US Premarket After Announcing Patent Lawsuit Against Amneal Pharmaceuticals
Bausch Health Up Near 0.4% In US Premarket After Announcing Patent Lawsuit Against Amneal Pharmaceuticals
Apr 8, 2024
06:09 AM EDT, 04/08/2024 (MT Newswires) -- Bausch Health Companies Inc. ( BHC ) along with its gastroenterology business, Salix Pharmaceuticals, Inc., announced over the weekend that it filed a lawsuit in the United States District Court for the District of New Jersey against Amneal Pharmaceuticals of New York, LLC, Amneal EU, Limited, Amneal Pharmaceuticals, LLC, Amneal Pharmaceuticals Private Limited,...
US STOCKS-Futures muted as bond yields rise
US STOCKS-Futures muted as bond yields rise
Apr 8, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Futures down: Dow 0.05%, S&P 0.09%, Nasdaq 0.05% April 8 (Reuters) - U.S. stock index futures were flat on Monday as Treasury yields rose on rising bets that the U.S. Federal Reserve could delay interest rate cuts this year....
Copyright 2023-2026 - www.financetom.com All Rights Reserved