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Sector Update: Financial Stocks Edge Higher Premarket Friday
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Sector Update: Financial Stocks Edge Higher Premarket Friday
Jul 26, 2024 6:54 AM

09:23 AM EDT, 07/26/2024 (MT Newswires) -- Financial stocks were edging higher premarket Friday, with The Financial Select Sector SPDR Fund ( XLF ) up 0.7%.

The Direxion Daily Financial Bull 3X Shares ( FAS ) was 1.3% higher and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was down 1.6%.

Horace Mann Educators ( HMN ) shares were down more than 4% after the company said it now expects 2024 core earnings to range between $2.40 and $2.70 per share, compared with its prior guidance range of $3 to $3.30.

WesBanco ( WSBC ) stock was more than 3% lower after the company reported lower Q2 adjusted earnings and revenue.

Aon (AON) reported Q2 adjusted earnings of $2.93 per diluted share, up from $2.76 a year earlier but missing the $3.08 estimate from analysts polled by Capital IQ. The company's shares were down 0.3% pre-bell.

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