08:57 AM EDT, 10/21/2024 (MT Newswires) -- Financial stocks were declining premarket Monday with the Financial Select Sector SPDR Fund (XLF) 0.1% lower recently.

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

Lufax Holding ( LU ) shares were down over 9% after the company swung to a Q3 loss as total income declined during the period compared with a year earlier.