Sector Update: Financial

MT Newswires Live

02/12

Financial stocks were edging higher premarket Thursday, with the State Street Financial Select Sector SPDR ETF (XLF) advancing by 0.4%.

The Direxion Daily Financial Bull 3X Shares (FAS) was up 1.1% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 1.1% lower.

Brookfield (BN) shares were up more than 1% after the company reported Q4 distributable earnings that topped analysts' expectations.

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