Sectors
Sector Update: Financial Stocks Decline Premarket Friday
Financial stocks were declining premarket Friday, with the State Street Financial Select Sector SPDR ETF (XLF) down 0.4%.The Direxion Daily Financial Bull 3X Shares (FAS) was 1.1% lower and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was up 1.3%.Western Union (WU) shares were down more than 10% after the company posted lower Q1 adjusted earnings and revenue.Jefferies Financial Group (JEF) stock was 0.5% lower after the company priced its public offering of $1.1 billion of 5.125% senior notes due April 28, 2031.First Hawaiian (FHB) shares were up 1.7% after the company reported higher Q1 earnings and revenue.
$FAS$FAZ$FHB$JEF$WU$XLF