Sector Update: Financial

MT Newswires Live

03/02

Financial stocks were declining premarket Monday, with the State Street Financial Select Sector SPDR ETF (XLF) falling 1.5%.

The Direxion Daily Financial Bull 3X Shares (FAS) was 4.5% lower and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was up 4.7%.

Berkshire Hathaway (BRK.A, BRK.B) shares were down more than 1% after the company reported lower Q4 earnings.

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