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Sector Update: Financial Stocks Edge Higher Premarket Monday

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Financial stocks were edging higher premarket Monday, with the State Street Financial Select Sector SPDR ETF (XLF) advancing by 0.8%.

The Direxion Daily Financial Bull 3X Shares (FAS) was 2.3% higher and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was down 2.9%.

Mitsubishi UFJ Financial Group (MUFG) shares were up more than 2% after the company posted higher fiscal Q1 earnings and revenue.

KKR (KKR) completed the final close of its $19.2 billion Global Infrastructure Investors V fund, which focuses on critical infrastructure investments in North America and Western Europe, the company said. KKR stock was up more than 1% pre-bell.

CNA Financial (CNA) shares were down 0.5% after the company reported a decline in Q2 core income.

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Sector Update: Energy Stocks Rise Late Afternoon

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Sectors

Sector Update: Financial Stocks Edge Higher Late Afternoon

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