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Sector Update: Financial Stocks Decline Pre-Bell Wednesday
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Sector Update: Financial Stocks Decline Pre-Bell Wednesday
May 25, 2025 10:53 PM

09:16 AM EDT, 04/30/2025 (MT Newswires) -- Financial stocks declined pre-bell Wednesday with the Financial Select Sector SPDR Fund (XLF) 1.3% lower recently.

The Direxion Daily Financial Bull 3X Shares ( FAS ) was down 3.7% and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 3.4% higher.

Banco Santander (SAN) shares fell past 6% even after the company reported higher Q1 earnings and total income.

UBS Group ( UBS ) shares were down over 1% after the company reported lower Q1 earnings and revenue.

Barclays ( BCS ) shares were over 3% lower even after the company reported higher Q1 basic earnings and total income.

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