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Sector Update: Financial

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Financial stocks were edging higher premarket Monday, with the State Street Financial Select Sector SPDR ETF (XLF) marginally advancing.

The Direxion Daily Financial Bull 3X Shares (FAS) was up 0.5% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.2% lower.

Goldman Sachs-backed (GS) taxi booking app Go priced its initial public offering in Japan at 2,400 Japanese yen ($14.98) per share, according to a regulatory filing. Shares of Goldman Sachs Group rose more than 1% pre-bell.

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