Sector Update: Financial Stocks Lean Lower Premarket Thursday

MT Newswires Live2025-05-15

Financial stocks leaned lower premarket Thursday with the Financial Select Sector SPDR Fund (XLF) recently declining by 0.2%.

The Direxion Daily Financial Bull 3X Shares (FAS) was down 0.7% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.6% higher.

Mitsubishi UFJ Financial Group (MUFG) shares were up 0.8% after the company reported higher fiscal 2025 earnings and ordinary income.

Mizuho Financial Group (MFG) shares were down more than 1% even after the company reported higher fiscal 2024 net profit and ordinary income.

Marex Group (MRX) shares fell past 2% even after the company reported higher Q1 adjusted earnings and revenue.

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