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Sector Update: Financial

Mar 26, 2024 6:23 AM

09:04 AM EDT, 03/26/2024 (MT Newswires) -- Financial stocks were advancing premarket Tuesday, with the Financial Select Sector SPDR Fund (XLF) 0.3% higher.

The Direxion Daily Financial Bull 3X Shares (FAS) was up 0.6% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.5% lower.

KKR (KKR) and property management firm Weave Living said they have entered a strategic partnership to invest in South Korean rental housing assets, with a focus on Seoul. KKR was up 0.6% in recent Tuesday premarket activity.

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