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Sector Update: Financial Stocks Rise Premarket Thursday

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Financial stocks were rising premarket Thursday, with the State Street Financial Select Sector SPDR ETF (XLF) advancing by 0.2%.

The Direxion Daily Financial Bull 3X Shares (FAS) was 0.7% higher and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was down 0.8%.

Fiserv (FISV) shares were down more than 11% after the company posted lower Q2 adjusted earnings and revenue, and cut its 2026 outlook.

Cboe Global Markets (CBOE) stock was up more than 1% after the company said its European clearing unit will expand its securities financing transactions service to include fixed-income lending starting Aug. 24.

Walker & Dunlop (WD) shares were down more than 6% after the company reported a decline in Q2 revenue.

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Sectors

Sector Update: Financial Stocks Advance Late Afternoon

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