Sector Update: Financial Stocks Edge Up Premarket Friday

MT Newswires Live

01/02

Financial stocks were edging up pre-bell Friday, with the State Street Financial Select Sector SPDR ETF (XLF) advancing 0.2%.

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

Bitfarms (BITF) shares were up more than 4% pre-bell after the company said it has agreed to sell its 70-megawatt site in Paso Pe, Paraguay, to the Sympatheia Power Fund, managed by Singapore-based Hawksburn Capital, for up to $30 million.

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