Sector Update: Financial Stocks Lean Lower Pre-Bell Monday

MT Newswires Live
08/10

Financial stocks were leaning lower pre-bell Monday, with the State Street Financial Select Sector SPDR ETF (XLF) declining by 0.1%.

The Direxion Daily Financial Bull 3X Shares (FAS) was 0.1% higher and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was down 0.2%.

Robinhood Markets (HOOD) said it will begin rolling out cryptocurrency trading to eligible UK customers this week, allowing them to trade digital assets through its app, Bloomberg reported. Robinhood Markets shares were 0.3% higher premarket.

Strive (ASST) stock was down more than 1% after the company reported a wider Q2 adjusted loss.

Paysafe (PSFE) has launched its PaysafeWallet app in Poland. Shares of Paysafe were down 0.9% pre-bell.

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