Sector Update: Financial Stocks Lean Lower Premarket Thursday

MT Newswires Live
05-01

Financial stocks leaned lower premarket Thursday with the Financial Select Sector SPDR Fund (XLF) recently declining by 0.2%.

The Direxion Daily Financial Bull 3X Shares (FAS) was down 0.5% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.6% higher.

Mastercard (MA) shares were up 0.9% after the company reported higher Q1 adjusted earnings and net revenue.

KKR (KKR) shares advanced by nearly 2% after the company reported an increase in Q1 adjusted earnings.

Thomson Reuters (TRI) were down more than 1% even after the company reported higher Q1 adjusted earnings and revenue.

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