Sector Update: Financial Stocks Advance Pre-Bell Tuesday

09:16 AM EDT, 10/27/2026 (MT Newswires) -- Financial stocks were advancing pre-bell Tuesday, with the State Street Financial Select Sector SPDR ETF (XLF) 0.5% higher. The Direxion Daily Financial Bull 3X Shares (FAS) was up 1.2% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 1.5% lower. HSBC Holdings (HSBC) stock was down more than 6% after the company posted higher Q3 adjusted net income and revenue, both below analysts' expectations. S&P Global (SPGI) shares were up more than 5% after the company reported higher Q3 adjusted earnings and revenue, and lifted its 2026 adjusted EPS guidance. S&P Global also initiated a strategic review of alternatives, including a potential separation, for Capital IQ and associated data businesses SoFi Technologies (SOFI) stock was up more than 10% after the company reported higher Q3 adjusted earnings and revenue, and raised its 2026 adjusted EPS outlook.