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Sector Update: Financial
Mar 18, 2025 6:19 AM

08:51 AM EDT, 03/18/2025 (MT Newswires) -- Financial stocks leaned lower pre-bell Tuesday as the Financial Select Sector SPDR Fund (XLF) declined by 0.1% recently.

The Direxion Daily Financial Bull 3X Shares (FAS) was down 0.4% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.5% higher.

FinVolution Group ( FINV ) shares rose by over 10% after the company reported higher Q4 non-GAAP net profit and revenue. The company also said its board authorized a new share repurchase program of up to $150 million and increased its annual dividend to $0.277 per American depositary share.

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