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Sector Update: Financial
Apr 10, 2025 6:18 AM

08:57 AM EDT, 04/10/2025 (MT Newswires) -- Financial stocks retreated pre-bell Thursday with the Financial Select Sector SPDR Fund (XLF) 1.7% lower recently.

The Direxion Daily Financial Bull 3X Shares (FAS) was down 4.9% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) gained 5.8%.

Virtus Investment Partners ( VRTS ) shares fell past 3% after the company reported preliminary assets under management of $167.46 billion as of March 31, down from $174.53 billion a month earlier.

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