09:02 AM EST, 02/04/2025 (MT Newswires) -- Financial stocks leaned lower premarket Tuesday with the Financial Select Sector SPDR Fund (XLF) recently declining by 0.1%.
The Direxion Daily Financial Bull 3X Shares (FAS) was down 0.2% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.6% higher.
PayPal Holdings ( PYPL ) shares fell 8% even after the company reported higher Q4 non-GAAP earnings and net revenue.