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Sector Update: Financial
Apr 9, 2025 6:13 AM

08:59 AM EDT, 04/09/2025 (MT Newswires) -- Financial stocks declined pre-bell Wednesday with the Financial Select Sector SPDR Fund (XLF) 1.7% lower recently.

The Direxion Daily Financial Bull 3X Shares (FAS) was down 5.6% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 4.9% higher.

KKR (KKR) and Stonepeak Partners funds have agreed to acquire UK-based diversified healthcare REIT Assura, according to a statement. The deal states that Assura shareholders will receive about 0.49 British pounds ($0.63) in cash for each Assura share they hold, Assura said. Shares of KKR declined by over 1% premarket.

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