09:24 AM EDT, 04/07/2026 (MT Newswires) -- Financial stocks were declining premarket Tuesday, with the State Street Financial Select Sector SPDR ETF (XLF) down 0.5%.

The Direxion Daily Financial Bull 3X Shares (FAS) was 1.6% lower and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was up 1.5%.

Apollo Global Management ( APO )-backed (APO) Yahoo has started talks with lenders to refinance roughly $1.6 billion of leveraged loans, Bloomberg News reported, citing people with knowledge of the matter. Shares of Apollo Global Management ( APO ) were 0.8% lower pre-bell.

Deutsche Bank's ( DB ) US distressed products group reported a more than 100% increase in its Q1 net profit from a year earlier, Bloomberg reported, citing unnamed people familiar with the matter. Deutsche Bank ( DB ) stock was down more than 1% premarket.

A consortium of Blackstone (BX) and Tinicum have agreed to buy Senior at a value of roughly 1.28 billion pounds ($1.69 billion), Bloomberg reported, citing a statement. Blackstone shares were down 0.9% pre-bell.