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Sector Update: Financial
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Sector Update: Financial
Feb 24, 2025 6:17 AM

08:56 AM EST, 02/24/2025 (MT Newswires) -- Financial stocks were rising pre-bell Monday, with The Financial Select Sector SPDR Fund (XLF) up 0.7%.

The Direxion Daily Financial Bull 3X Shares (FAS) was up 2% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 1.8% lower.

Apollo Global Management ( APO ) will acquire Bridge Investment Group ( BRDG ) for an equity value of $1.50 billion, the companies said. Bridge Investment Group Holdings ( BRDG ) shares were up over 33% premarket.

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