Financial stocks were edging higher premarket Thursday, with the State Street Financial Select Sector SPDR ETF (XLF) advancing by 0.1%.
The Direxion Daily Financial Bull 3X Shares (FAS) was up 0.4% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.3% lower.
Barclays (BCS) is preparing to sell about $875 million of debt financing to support Blackstone (BX) and Tinicum's acquisition of UK aerospace supplier Senior, Bloomberg reported, citing unnamed sources familiar with the matter. Shares of Barclays were nearly 1% higher pre-bell.
WisdomTree (WT) has launched the WisdomTree Space Economy Fund or WSPC on Nasdaq. Shares of WisdomTree were down more than 2% premarket.
Bank of America (BAC) has invested in two deals in Germany's Schuldschein private debt market since last year, as part of efforts to secure medium-sized European clients, Bloomberg reported, citing people familiar with the matter. Bank of America stock was 0.2% higher pre-bell.