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Sector Update: Financial

Sector Update: Financial

MT newswireMT newswire2026/09/28 13:05
09:05 AM EDT, 09/28/2026 (MT Newswires) -- Financial stocks were declining pre-bell Monday, with the State Street Financial Select Sector SPDR ETF (XLF) 0.2% lower. The Direxion Daily Financial Bull 3X Shares (FAS) was down 0.7% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.4% higher. Burford Capital (BUR) shares were up more than 5% after the company said a jury awarded $5.7 billion in damages to the plaintiff in a patent case involving Apple (AAPL), giving Burford Capital a potential entitlement of about $1.4 billion.
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