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Sector Update: Financial
May 7, 2026 6:23 AM

08:48 AM EDT, 05/07/2026 (MT Newswires) -- Financial stocks were mostly lower pre-bell Thursday, with the State Street Financial Select Sector SPDR ETF (XLF) declining by 0.1%.

The Direxion Daily Financial Bull 3X Shares (FAS) fell by 0.1%, and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.5% higher.

Carlyle (CG) stock fell over 5% pre-bell after the company reported lower Q1 after-tax distributable earnings and revenue.

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