Sector Update: Financial

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Sector Update: Financial

, MT Newswires - 8:59 AM ET 3/31/2025 default

08:59 AM EDT, 03/31/2025 (MT Newswires) -- Financial stocks were declining pre-bell Monday, with The Financial Select Sector SPDR Fund (XLF) 0.9% lower.

The Direxion Daily Financial Bull 3X Shares (FAS) was down 2.8% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 2.6% higher.

Rocket (RKT) shares were more than 5% lower after the company said it agreed to acquire Mr. Cooper Group ( COOP ) in an all-stock transaction valued at $9.40 billion. Mr. Cooper Group ( COOP ) shares were up over 24% premarket.

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