Sector Update: Financial

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Sector Update: Financial

, MT Newswires - 8:56 AM ET 3/27/2025 default

08:56 AM EDT, 03/27/2025 (MT Newswires) -- Financial stocks advanced pre-bell Thursday, with The Financial Select Sector SPDR Fund (XLF) 0.1% higher.

The Direxion Daily Financial Bull 3X Shares (FAS) was up 0.4% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.2% lower.

Robinhood Markets ( HOOD ) plans to introduce checking and savings accounts for its gold members this year, offering a savings rate of approximately 4% annually, Bloomberg News reported, citing an interview with the vice president and general manager of the company. Robinhood Markets ( HOOD ) shares were 0.7% higher premarket.

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