Sector Update: Financial Stocks Decline Premarket Friday

MT Newswires Live06-14

Financial stocks were down in premarket hours Friday with the Financial Select Sector SPDR Fund (XLF) declining by 0.9% recently.

The Direxion Daily Financial Bull 3X Shares (FAS) was down 2.4% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 2.4% higher.

Freedom Holding (FRHC) was up nearly 4% after it reported higher fiscal 2024 earnings as net revenue increased.

Barclays (BCS) has been asked to review its exposure to leveraged private equity deals as part of a UK regulator's investigation into the risks taken by lenders, multiple media outlets reported, citing unnamed sources. Barclays was over 4% lower pre-bell.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2443272986?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-06-14 21:09","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2443272986","market":"sh","top_or_hot":-1,"title":"Sector Update: Financial Stocks Decline Premarket Friday","media":"MT Newswires Live","content":"<html><body><p> Financial stocks were down in premarket hours Friday with the Financial Select Sector SPDR Fund (XLF) declining by 0.9% recently. </p><p>The Direxion Daily Financial Bull 3X Shares (FAS) was down 2.4% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 2.4% higher.</p><p>Freedom Holding (FRHC) was up nearly 4% after it reported higher fiscal 2024 earnings as net revenue increased.</p><p>Barclays (BCS) has been asked to review its exposure to leveraged private equity deals as part of a UK regulator's investigation into the risks taken by lenders, multiple media outlets reported, citing unnamed sources. Barclays was over 4% lower pre-bell.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sector Update: Financial Stocks Decline Premarket Friday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSector Update: Financial Stocks Decline Premarket Friday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-06-14 21:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mtnewswires.com/><strong>MT Newswires Live</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Financial stocks were down in premarket hours Friday with the Financial Select Sector SPDR Fund (XLF) declining by 0.9% recently. The Direxion Daily Financial Bull 3X Shares (FAS) was down 2.4% and ...</p>\n\n<a href=\"https://www.mtnewswires.com/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4127","symbol_name":"投资银行业与经纪业","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2443272986","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2443272986","pubTimestamp":1718370569,"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Financial stocks were down in premarket hours Friday with the Financial Select Sector SPDR Fund  declining by 0.9% recently. The Direxion Daily Financial Bull 3X Shares  was down 2.4% and its bearish counterpart Direxion Daily Financial Bear 3X Shares  was 2.4% higher.Freedom Holding  was up nearly 4% after it reported higher fiscal 2024 earnings as net revenue increased.Barclays  has been asked to review its exposure to leveraged private equity deals as part of a UK regulator's investigation into the risks taken by lenders, multiple media outlets reported, citing unnamed sources. Barclays was over 4% lower pre-bell.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4127":"投资银行业与经纪业","FAS":"金融指数ETF-Direxion三倍做多罗素金融股","BK4585":"ETF&股票定投概念","FRHC":"Freedom Holding Corp","XLF":"金融ETF","BCS":"巴克莱银行","BK4521":"英国银行股","BK4588":"碎股","BK4207":"综合性银行","FAZ":"三倍做空金融ETF-Direxion"},"translate_title":"行业更新：金融股周五盘前下跌","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BCS":0.9,"FAS":0.9,"FAZ":0.9,"FRHC":0.9,"XLF":0.9},"content_text":"Financial stocks were down in premarket hours Friday with the Financial Select Sector SPDR Fund (XLF) declining by 0.9% recently. The Direxion Daily Financial Bull 3X Shares (FAS) was down 2.4% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 2.4% higher.Freedom Holding (FRHC) was up nearly 4% after it reported higher fiscal 2024 earnings as net revenue increased.Barclays (BCS) has been asked to review its exposure to leveraged private equity deals as part of a UK regulator's investigation into the risks taken by lenders, multiple media outlets reported, citing unnamed sources. Barclays was over 4% lower pre-bell.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.26.4","shortVersion":"4.26.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2443272986"}