Sector Update: Financial-January 2024-www.financetom.com

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Sector Update: Financial

Apr 18, 2024 6:06 AM

08:54 AM EDT, 04/18/2024 (MT Newswires) -- Financial stocks were slightly higher pre-bell Thursday as the Financial Select Sector SPDR Fund (XLF) was advancing 0.2% recently.

The Direxion Daily Financial Bull 3X Shares (FAS) was 0.01% lower and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was down 0.2%.

Synovus Financial's ( SNV ) shares were nearly 7% lower after the company reported a drop in adjusted earnings and revenue in Q1.

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