08:57 AM EDT, 04/30/2025 (MT Newswires) -- Financial stocks declined pre-bell Wednesday with the Financial Select Sector SPDR Fund (XLF) 1.1% lower recently.

The Direxion Daily Financial Bull 3X Shares (FAS) was down 3.4% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 3.4% higher.

Banco Santander (SAN) shares fell past 8% even after the company reported higher Q1 earnings and total income.