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Sector Update: Financial Stocks Lean Lower Premarket Tuesday

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Sector Update: Financial Stocks Lean Lower Premarket Tuesday

Jun 3, 2025 6:35 AM

09:18 AM EDT, 06/03/2025 (MT Newswires) -- Financial stocks were leaning lower premarket Tuesday with the Financial Select Sector SPDR Fund (XLF) down 0.2% recently.

The Direxion Daily Financial Bull 3X Shares ( FAS ) was down 0.6% and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 0.6% higher.

Robinhood Markets ( HOOD ) shares were up more than 2% after the company said it has closed the acquisition of Bitstamp, a cryptocurrency exchange.

Intercontinental Exchange ( ICE ) and STOXX agreed on a collaboration to support a suite of fixed income climate indices launched Monday, according to a statement from STOXX. Shares of Intercontinental Exchange ( ICE ) were up 0.4% premarket.

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