Sector Update: Financial

MT Newswires Live
2025/09/15

Financial stocks were edging higher pre-bell Monday, with the Financial Select Sector SPDR Fund (XLF) advancing by 0.2%.

The Direxion Daily Financial Bull 3X Shares (FAS) was 0.4% higher and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was down 0.3%.

The Swiss parliament's upper house is set to vote on Monday over delaying new banking regulations that would raise UBS Group's (UBS) capital requirements by about $3 billion, according to media reports. UBS shares were up by nearly 2% premarket.

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