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Sector Update: Financial
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Sector Update: Financial
Jun 30, 2025 6:15 AM

08:59 AM EDT, 06/30/2025 (MT Newswires) -- Financial stocks were advancing premarket Monday with the Financial Select Sector SPDR Fund (XLF) 0.5% higher recently.

The Direxion Daily Financial Bull 3X Shares (FAS) was up 1.5% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 1.4% lower.

Goldman Sachs ( GS ) scrapped plans to launch a Mediterranean hotel brand after selling three seaside resorts in northern Greece this spring, barely breaking even on its 100 million euro ($117.1 million) investment, the Wall Street Journal reported, citing people familiar with the matter. Shares of Goldman Sachs Group ( GS ) were up nearly 4% pre-bell.

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