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Sector Update: Financial
Jun 3, 2025 6:15 AM

08:57 AM EDT, 06/03/2025 (MT Newswires) -- Financial stocks were leaning lower premarket Tuesday, with the Financial Select Sector SPDR Fund (XLF) down 0.3% recently.

The Direxion Daily Financial Bull 3X Shares (FAS) was down 0.5%, and its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), was 0.8% higher.

Robinhood Markets ( HOOD ) shares were up more than 2% after the company said it had closed the acquisition of Bitstamp, a cryptocurrency exchange.

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