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Sector Update: Financial

Jun 5, 2026 6:31 AM

09:02 AM EDT, 06/05/2026 (MT Newswires) -- Financial stocks were edging higher premarket Friday, with the State Street Financial Select Sector SPDR ETF (XLF) advancing by 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 0.6% lower.

Wealthfront ( WLTH ) stock was down more than 5% after the company posted fiscal Q1 earnings and revenue that missed analysts' expectations, with EPS declining year over year.

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