09:02 AM EDT, 07/20/2026 (MT Newswires) -- Financial stocks were edging higher pre-bell Monday, with the State Street Financial Select Sector SPDR ETF (XLF) marginally advancing.
The Direxion Daily Financial Bull 3X Shares (FAS) was up 0.1% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.2% lower.
Brookfield Asset Management ( BAM ) and Canada Pension Plan Investment Board agreed to acquire LXP Industrial Trust ( LXP/PC ) in an all-cash transaction valued at around $5.2 billion, including net debt and preferred equity, LXP said. Shares of Brookfield Asset Management ( BAM ) were down 0.4% premarket.