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Sector Update: Financial

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Financial stocks were leaning lower pre-bell Tuesday, with the State Street Financial Select Sector SPDR ETF (XLF) declining by 0.2%.

The Direxion Daily Financial Bull 3X Shares (FAS) was down 0.4% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.7% higher.

UP Fintech Holding (TIGR) stock was down more than 2% after the company said it swung to a Q1 non-GAAP loss.

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