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Sector Update: Financial Stocks Lean Lower Premarket Monday

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Financial stocks were leaning lower premarket Monday, with the State Street Financial Select Sector SPDR ETF (XLF) declining by 0.1%.

The Direxion Daily Financial Bull 3X Shares (FAS) was down 0.6% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was slightly lower.

Mizuho Financial (MFG) shares were down more than 3% premarket following a media report quoting the company as saying it had not made a final decision on an investment in Rakuten Bank.

BlackRock (BLK) is considering a $5 billion to $10 billion investment in SpaceX's planned initial public offering, The Information reported, citing people familiar with the matter. BlackRock stock was up more than 1% premarket.

Aon (AON) intends to launch a new digital trading platform to help brokers access capital and syndicate risk better, the company said. Aon shares were 0.7% lower pre-bell.

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