Sector Update: Financial

MT Newswires Live05-08

Financial stocks were rising pre-bell Friday, with the State Street Financial Select Sector SPDR ETF (XLF) advancing by 0.2%.

The Direxion Daily Financial Bull 3X Shares (FAS) was 0.9% higher and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was down 0.7%.

Essent Group (ESNT) shares were up 1% after the company reported higher Q1 earnings and revenue.

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