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Sector Update: Financial Stocks Fall Pre-Bell Tuesday
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Sector Update: Financial Stocks Fall Pre-Bell Tuesday
May 19, 2026 6:42 AM

09:19 AM EDT, 05/19/2026 (MT Newswires) -- Financial stocks were falling pre-bell Tuesday, with the State Street Financial Select Sector SPDR ETF (XLF) declining by 0.1%.

The Direxion Daily Financial Bull 3X Shares (FAS) was down 0.3% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was marginally lower.

XP (XP) shares were down more than 5% after the company reported Q1 results that fell short of analyst expectations.

Lloyds Banking (LYG) is preparing to expand its US infrastructure financing business, including lending tied to the fast-growing data center sector, the Financial Times reported, citing people familiar with the matter. Lloyds Banking ( LYG ) shares were 0.6% higher premarket.

Bank of America ( BAC ) and Lazard ( LAZ ) are advising the owners of Fraikin Group on a potential sale that could value the French truck rental firm at up to 3 billion euros ($3.49 billion), Bloomberg News reported, citing people with knowledge of the matter. Lazard ( LAZ ) stock was up more than 1% pre-bell.

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