Sector Update: Financial

MT Newswires Live

02/05

Financial stocks were declining pre-bell Thursday, with the State Street Financial Select Sector SPDR ETF (XLF) 0.1% lower.

The Direxion Daily Financial Bull 3X Shares (FAS) was down 0.2% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was up 0.6%.

Banco Bilbao Vizcaya Argentaria (BBVA) shares were down more than 7% even after the company reported higher Q4 adjusted earnings and gross income.

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