09:00 AM EDT, 09/08/2025 (MT Newswires) -- Financial stocks were edging higher pre-bell Monday, with the Financial Select Sector SPDR Fund (XLF) marginally advancing.

The Direxion Daily Financial Bull 3X Shares (FAS) was 0.3% higher and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was down 0.2%.

Robinhood Markets ( HOOD ) is set to replace Caesars Entertainment ( CZR ) in the S&P 500, effective Sept. 22, S&P Dow Jones Indices said. Shares of Robinhood Markets ( HOOD ) were up more than 8% premarket.