financetom
Market
financetom
/
Market
/
Sector Update: Financial Stocks Lean Lower Pre-Bell Monday
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Financial Stocks Lean Lower Pre-Bell Monday
Mar 17, 2025 6:49 AM

09:20 AM EDT, 03/17/2025 (MT Newswires) -- Financial stocks were leaning lower pre-bell Monday as the Financial Select Sector SPDR Fund (XLF) was recently declining by 0.3%.

The Direxion Daily Financial Bull 3X Shares ( FAS ) was down 0.8% and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 0.8% higher.

Walmart ( WMT ) is making Klarna the exclusive provider of its buy now, pay later loans, a big win for the Swedish fintech over its rival Affirm (AFRM), CNBC reported, citing people with knowledge of the situation. Affirm Holdings ( AFRM ) shares declined by more than 6% premarket.

Banc of California ( BANC ) shares were up more than 1% after the company said its board approved a $150 million stock repurchase program.

Qifu Technology ( QFIN ) shares advanced by over 6% after the company reported a higher Q4 non-GAAP net income.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Exchange-Traded Funds Down as US Equities Fall After Midday
Exchange-Traded Funds Down as US Equities Fall After Midday
Nov 13, 2025
01:10 PM EST, 11/13/2025 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds IWM and IVV fell. Actively traded Invesco QQQ Trust (QQQ) was down 1.9%. US equity indexes fell in midday trading on Thursday as rising government bond yields accompanied a slump in the odds for a December interest-rate cut, reflecting concern that the core inflation rate is increasing....
US STOCKS-Wall St tumbles as tech selloff continues; data uncertainty sours sentiment
US STOCKS-Wall St tumbles as tech selloff continues; data uncertainty sours sentiment
Nov 13, 2025
* Indexes down: Dow 1%, S&P 500 1.2%, Nasdaq 1.9% * Cisco Systems ( CSCO ) gains after annual revenue forecast hike * Disney ( DIS ) warns of long distribution dispute with YouTube TV (Updates late-morning prices, analyst comment) By Twesha Dikshit and Purvi Agarwal Nov 13 (Reuters) - Wall Street's main indexes fell on Thursday with investors cautious...
US Equity Indexes Drop as Core Inflation Concerns Slash December Fed Rate-Cut Probability
US Equity Indexes Drop as Core Inflation Concerns Slash December Fed Rate-Cut Probability
Nov 13, 2025
12:40 PM EST, 11/13/2025 (MT Newswires) -- US equity indexes fell in midday trading on Thursday as rising government bond yields accompanied a slump in the odds for a December interest-rate cut, reflecting concern that the core inflation rate is increasing. The technology-heavy Nasdaq slumped 2% to 22,946.1, leading the pack given the detrimental impact of higher-for-longer interest rates on...
Sector Update: Tech
Sector Update: Tech
Nov 13, 2025
01:09 PM EST, 11/13/2025 (MT Newswires) -- Tech stocks were lower Thursday afternoon, with the Technology Select Sector SPDR Fund (XLK) falling 2.3% and the SPDR S&P Semiconductor ETF (XSD) slumping 3.9%. The Philadelphia Semiconductor index was down 0.5%. In corporate news, RTX (RTX) shares fell 1.4% after it said in a regulatory filing Thursday that it expects to recognize...
Copyright 2023-2026 - www.financetom.com All Rights Reserved