Sector Update: Financial Stocks Lean Lower Premarket Tuesday

MT Newswires Live
03 Jun

Financial stocks were leaning lower premarket Tuesday with the Financial Select Sector SPDR Fund (XLF) down 0.2% recently.

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

Robinhood Markets (HOOD) shares were up more than 2% after the company said it has closed the acquisition of Bitstamp, a cryptocurrency exchange.

Intercontinental Exchange (ICE) and STOXX agreed on a collaboration to support a suite of fixed income climate indices launched Monday, according to a statement from STOXX. Shares of Intercontinental Exchange were up 0.4% premarket.

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