Sector Update: Financial
Financial stocks were advancing premarket Thursday, with the Financial Select Sector SPDR Fund (XLF) advancing 0.2%.
The Direxion Daily Financial Bull 3X Shares (FAS) was 0.4% higher, while its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) gained 0.3% recently.
Deutsche Bank DBK shares rose more than 6% after the company reported higher earnings and revenue in Q1.