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Sector Update: Financial Stocks Advance Premarket Tuesday

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Financial stocks were advancing premarket Tuesday, with the State Street Financial Select Sector SPDR ETF (XLF) 0.7% higher

The Direxion Daily Financial Bull 3X Shares (FAS) was up 1.6% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 1.4% lower.

S&P Global (SPGI) shares were down more than 3% after the company cut its 2026 adjusted earnings per share outlook.

Barclays (BCS) stock was down more than 6% even after the company reported higher Q2 earnings and total income, and raised its 2026 total income guidance.

PayPal (PYPL) shares were up 1% after the company reported Q2 non-GAAP earnings and net revenue that topped analysts' expectations.

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