Sector Update: Financial

09:03 AM EDT, 10/19/2026 (MT Newswires) -- Financial stocks were declining pre-bell Monday, with the State Street Financial Select Sector SPDR ETF (XLF) 0.5% lower. The Direxion Daily Financial Bull 3X Shares (FAS) was down 0.1% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 1.1% higher. HDFC Bank (HDB) stock was down more than 4% even after the company reported higher fiscal Q2 standalone earnings and revenue.