Sector Update: Financial
Financial stocks were slightly gaining premarket Monday as the Financial Select Sector SPDR Fund (XLF) was up 0.6%.
The Direxion Daily Financial Bull 3X Shares (FAS) was 1.6% higher and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was down 1.8%.
Truist Financial TFC fell by over 1% after it reported declines in Q1 adjusted earnings and revenue.