Sector Update: Financial Stocks Decline Premarket Thursday

MT Newswires Live
31 Jul

Financial stocks were declining premarket Thursday as the Financial Select Sector SPDR Fund (XLF) was down 0.5% recently.

The Direxion Daily Financial Bull 3X Shares (FAS) was 1.4% lower and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was up 1.4%.

KKR (KKR) shares were up 0.5% after the company posted higher Q2 adjusted net income and revenue.

S&P Global (SPGI) shares were up more than 1% after the company reported higher Q2 adjusted earnings and revenue.

Blue Owl Capital (OWL) stock was up more than 2% after the company reported higher Q2 distributable earnings and revenue.

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