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Sector Update: Financial
Apr 7, 2025 6:17 AM

08:57 AM EDT, 04/07/2025 (MT Newswires) -- Financial stocks declined pre-bell Monday as the Financial Select Sector SPDR Fund (XLF) fell by 2.3% recently.

The Direxion Daily Financial Bull 3X Shares (FAS) was down 7.3% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 6.6% higher.

P10 (PX) shares were almost 5% lower after the company said it has completed its acquisition of Spain-based Qualitas Equity Funds SGEIC for an initial price of $63 million, with the potential for additional earnout payments.

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