08:57 AM EDT, 06/13/2024 (MT Newswires) -- Financial stocks were leaning lower premarket Thursday as the Financial Select Sector SPDR Fund (XLF) was recently down 0.1%.

The Direxion Daily Financial Bull 3X Shares (FAS) was up 0.2% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.1% higher.

Ares Management ( ARES ) fell by nearly 3% after it priced a public offering of about 2.7 million shares of its class A common stock at $134.75 per share.