08:58 AM EDT, 07/02/2024 (MT Newswires) -- Financial stocks were declining premarket Tuesday, with the Financial Select Sector SPDR Fund (XLF) 0.3% lower.

The Direxion Daily Financial Bull 3X Shares (FAS) was down 1% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 1.1% higher.

Mizuho Financial Group's ( MFG ) Mizuho Bank Chief Executive Masahiko Kato said mid-cap Japanese are considering buyouts and other options, according to an interview with Bloomberg published Tuesday. Mizuho Financial Group ( MFG ) stock was up over 1% premarket.