Sector Update: Financial Stocks Lean Lower Premarket Thursday

MT Newswires Live11-07

Financial stocks were leaning lower premarket Thursday as the Financial Select Sector SPDR Fund (XLF) recently fell by 0.2%.

The Direxion Daily Financial Bull 3X Shares (FAS) was down 1.1% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.8% higher.

ACI Worldwide (ACIW) shares were up more than 6% after the company reported higher Q3 adjusted earnings and revenue. The company also raised its full-year revenue outlook.

Carlyle Group (CG) shares were up 0.4% after the company reported higher Q3 after-tax distributable earnings and total segment revenue.

Jackson Financial (JXN) shares fell by over 4% after the company reported a decline in Q3 revenue.

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