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Sector Update: Financial Stocks Lean Lower Pre-Bell Thursday
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Sector Update: Financial Stocks Lean Lower Pre-Bell Thursday
Aug 14, 2025 6:23 AM

09:11 AM EDT, 08/14/2025 (MT Newswires) -- Financial stocks were leaning lower pre-bell Thursday, with The Financial Select Sector SPDR Fund (XLF) down 0.4%.

The Direxion Daily Financial Bull 3X Shares ( FAS ) was 1.3% lower and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was up 1.4%.

FirstCash Holdings ( FCFS ) shares were 0.5% higher after the company said it has completed its acquisition of pawnshop operator H&T Group.

UBS (UBS) is on track to miss an internal target of reducing its workforce to 85,000 by the end of 2026, when it expects to complete the integration of Credit Suisse, Financial Times reported. Shares of UBS were down 0.2% premarket.

TeraWulf ( WULF ) shares were up more than 35% after the company said it signed two 10-year colocation deals with Fluidstack for more than 200 megawatts of critical IT load at its Lake Mariner data center in New York.

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