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Sector Update: Financial
Jun 17, 2024 6:15 AM

08:58 AM EDT, 06/17/2024 (MT Newswires) -- Financial stocks were declining pre-bell Monday with the Financial Select Sector SPDR Fund (XLF) 0.2% lower recently.

The Direxion Daily Financial Bull 3X Shares (FAS) was down 0.5% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 1% higher.

Deutsche Bank ( DB ) has agreed to buy a portfolio of about 1.67 billion euros ($1.79 billion) in aircraft financing from NordLB, which is leaving the sector to focus on its core businesses, NordLB said. Deutsche Bank ( DB ) was up 0.9% premarket.

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