08:56 AM EDT, 06/13/2025 (MT Newswires) -- Financial stocks were falling pre-bell Friday with the Financial Select Sector SPDR Fund (XLF) recently declining by 1.2%.

The Direxion Daily Financial Bull 3X Shares (FAS) was down 3.6% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 3.7% higher.

Apollo Global Management ( APO ) is working on providing a loan of about 750 million euros ($867.5 million) to Spanish developer Neinor Homes to finance the bulk of Neinor's potential bid for rival Aedas Homes, Bloomberg reported late Thursday. Shares of Apollo Global Management ( APO ) were down nearly 2 premarket.