08:58 AM EDT, 06/26/2024 (MT Newswires) -- Financial stocks were declining premarket Wednesday with the Financial Select Sector SPDR Fund (XLF) 0.4% lower recently.

The Direxion Daily Financial Bull 3X Shares (FAS) was down 0.8% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 1.1% higher.

American International Group ( AIG ) was 0.7% lower after saying it signed an agreement to sell its global, individual personal travel insurance and assistance business to Zurich Insurance Group for $600 million in cash plus additional earn-out consideration.