08:56 AM EDT, 05/01/2025 (MT Newswires) -- Financial stocks leaned lower premarket Thursday with the Financial Select Sector SPDR Fund (XLF) recently declining by 0.1%.

The Direxion Daily Financial Bull 3X Shares (FAS) was down 0.1% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.4% higher.

Mastercard ( MA ) shares rose 0.8% after the company reported higher Q1 adjusted earnings and net revenue.