08:59 AM EDT, 07/17/2024 (MT Newswires) -- Financial stocks were declining pre-bell Wednesday as the Financial Select Sector SPDR Fund (XLF) was down 0.5% recently.

The Direxion Daily Financial Bull 3X Shares (FAS) was 1.7% lower and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was up 1.67%.

First Horizon ( FHN ) declined by 3.6% after it reported lower Q2 adjusted earnings and revenue.