Sector Update: Financial Stocks Decline Pre-Bell Monday

09:19 AM EDT, 09/28/2026 (MT Newswires) -- Financial stocks were declining pre-bell Monday, with the State Street Financial Select Sector SPDR ETF (XLF) 0.1% 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 0.5% higher. Burford Capital (BUR) shares were up more than 6% 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. UBS Group (UBS) has received interest from at least eight foreign banks regarding a possible merger or combination, Swiss newspaper Blick reported, citing an insider familiar with the matter. UBS Group stock was down more than 1% premarket. Aon (AON) has launched a new insurance program focused on conventional gas power projects, the company said. Aon shares were 0.7% higher pre-bell.