Sector Update: Financial Stocks Lean Lower Premarket Monday

MT Newswires Live

2024/11/04

Financial stocks were leaning lower premarket Monday as the Financial Select Sector SPDR Fund (XLF) was recently down 0.2%.

The Direxion Daily Financial Bull 3X Shares (FAS) was marginally up and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.3% higher.

B. Riley Financial-backed (RILY) Franchise Group on Sunday began voluntary Chapter 11 proceedings in the US Bankruptcy Court for the District of Delaware, B. Riley said in a filing. Shares of B. Riley Financial fell by over 9% pre-bell.

Loews (L) shares were up 2% after the company reported higher Q3 earnings and revenue.

Affiliated Managers Group (AMG) shares were down 5% after the company reported Q3 economic earnings and revenue that missed estimates from analysts polled by Capital IQ.

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Riley Financial-backed (RILY) Franchise Group on Sunday began voluntary Chapter 11 proceedings in the US Bankruptcy Court for the District of Delaware, B. Riley said in a filing. Shares of B. Riley Financial fell by over 9% pre-bell.</p><p>Loews (L) shares were up 2% after the company reported higher Q3 earnings and revenue.</p><p>Affiliated Managers Group (AMG) shares were down 5% after the company reported Q3 economic earnings and revenue that missed estimates from analysts polled by Capital IQ.</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4585","symbol_name":"ETF&股票月供概念","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2480898185","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2480898185","pubTimestamp":1730729936,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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