09:17 AM EDT, 04/29/2026 (MT Newswires) -- Financial stocks were advancing premarket Wednesday, with the State Street Financial Select Sector SPDR ETF (XLF) up 0.2%.

The Direxion Daily Financial Bull 3X Shares (FAS) was 0.2% higher and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was down 0.5%.

UBS Group ( UBS ) shares were up 5% after the company posted higher Q1 earnings and revenue.

Banco Santander (SAN) stock was up more than 1% after the company reported higher Q1 earnings and revenue.

Robinhood Markets ( HOOD ) shares were down more than 12% after the company reported Q1 earnings and revenue that missed analysts' expectations.