Sector Update: Financial
MT newswire2026/08/28 12:56Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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08:56 AM EDT, 08/28/2026 (MT Newswires) -- Financial stocks were steady pre-bell Friday, with the State Street Financial Select Sector SPDR ETF (XLF) flat. The Direxion Daily Financial Bull 3X Shares (FAS) fell by 0.1%, and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was flat. Affirm (AFRM) shares were up more than 11% after the company reported overnight a surge in fiscal Q4 earnings and revenue, and issued an upbeat fiscal Q1 revenue outlook.
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