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Sector Update: Financial Stocks Decline Pre-Bell Tuesday
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Sector Update: Financial Stocks Decline Pre-Bell Tuesday
Mar 19, 2024 6:47 AM

09:18 AM EDT, 03/19/2024 (MT Newswires) -- Financial stocks were declining pre-bell Tuesday, with the Financial Select Sector SPDR Fund ( XLF ) 0.2% lower recently.

The Direxion Daily Financial Bull 3X Shares ( FAS ) was down 0.8%, and bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) 0.7% higher.

FinVolution Group ( FINV ) was more than 5% lower even after it reported higher Q4 adjusted earnings and revenue.

KeyCorp ( KEY ) announced a partnership with Blackstone Credit & Insurance focused on Key's specialty finance lending group. KeyCorp ( KEY ) was down 0.8% in recent premarket activity.

BlackRock TCP Capital ( TCPC ) was up 0.4% after saying it has closed its merger with BlackRock Capital Investment ( BKCC ) .

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