09:18 AM EDT, 07/15/2025 (MT Newswires) -- Financial stocks were declining pre-bell Tuesday, with the Financial Select Sector SPDR Fund (XLF) down 0.2% recently.
The Direxion Daily Financial Bull 3X Shares ( FAS ) was 0.7% lower and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was up 0.5%.
Wells Fargo ( WFC ) shares were down more than 2% after the company said it expects 2025 net interest income to be "roughly in line with 2024," compared with its previous forecast of a 1% to 3% year-over-year increase.
BlackRock ( BLK ) shares were down more than 1% even after the company reported higher Q2 adjusted earnings and revenue.
Citigroup ( C ) shares were up more than 1% after the company reported higher Q2 net income and revenue.