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Sector Update: Financial Stocks Decline Premarket Tuesday
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Sector Update: Financial Stocks Decline Premarket Tuesday
Jan 28, 2025 6:44 AM

09:20 AM EST, 01/28/2025 (MT Newswires) -- Financial stocks were declining premarket Tuesday, with The Financial Select Sector SPDR Fund (XLF) 0.1% lower.

The Direxion Daily Financial Bull 3X Shares ( FAS ) was down 0.4% and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 0.4% higher.

Synchrony Financial ( SYF ) shares were down more than 3% after the company said it expects 2025 net revenue of $15.2 billion to $15.7 billion, down from the $16.13 billion net revenue that it reported for 2024.

Invesco ( IVZ ) stock was up over 1% after the company reported higher Q4 adjusted earnings and operating revenue.

Brown & Brown ( BRO ) shares were up 0.3% after the company posted higher Q4 adjusted earnings and revenue.

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