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Sector Update: Financial

Mar 4, 2025 6:12 AM

08:52 AM EST, 03/04/2025 (MT Newswires) -- Financial stocks declined premarket Tuesday with the Financial Select Sector SPDR Fund (XLF) lower recently by 0.4%.

The Direxion Daily Financial Bull 3X Shares (FAS) was down 1.6% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 1.3% higher.

Paysafe ( PSFE ) shares fell past 13% after the company reported a decline in Q4 adjusted earnings, while revenue missed analysts' estimates. The company also issued a 2025 outlook below analysts' expectations.

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