08:54 AM EDT, 10/10/2024 (MT Newswires) -- Financial stocks were declining premarket Thursday as the Financial Select Sector SPDR Fund (XLF) recently fell by 0.3%.

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

Ares Management ( ARES ) shares were 0.2% lower after the company priced a $750 million offering of 5.600% senior notes due 2054.