09:16 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 0.2%.

The Direxion Daily Financial Bull 3X Shares (FAS) declined 0.3% and its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ) was 0.4% higher.

Carlyle (CG) stock was down more than 5% pre-bell after the company reported lower Q1 after-tax distributable earnings and revenue.

Primo Brands ( PRMB ) shares were down more than 5% before the opening bell after the company reported lower Q1 adjusted net income.

Patria Investments ( PAX ) stock advanced by nearly 2% after the company reported higher Q1 distributable earnings and revenue.