financetom
Market
financetom
/
Market
/
Sector Update: Financial Stocks Fall Premarket Monday
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Financial Stocks Fall Premarket Monday
Apr 13, 2026 6:37 AM

09:18 AM EDT, 04/13/2026 (MT Newswires) -- Financial stocks were falling premarket Monday, with the State Street Financial Select Sector SPDR ETF (XLF) declining by 0.9%.

The Direxion Daily Financial Bull 3X Shares (FAS) was 2.7% lower and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was up 2.7%.

Goldman Sachs ( GS ) stock was down more than 3% even after the company reported higher Q1 earnings and net revenue.

Lazard ( LAZ ) shares were down more than 1% after the company reported preliminary assets under management of approximately $259.2 billion as of March 31, compared with $277.7 billion the previous month.

KKR (KKR) said its real estate arm plans to significantly ramp up property acquisitions in Japan, targeting a market it estimates at about 450 trillion yen ($2.8 trillion), as companies increasingly divest non-core assets, Bloomberg reported. KKR shares were 0.8% lower pre-bell.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Sector Update: Financial
Sector Update: Financial
Oct 3, 2024
01:37 PM EDT, 09/23/2024 (MT Newswires) -- Financial stocks were mixed in Monday afternoon trading, with the NYSE Financial Index up 0.1% and the Financial Select Sector SPDR Fund (XLF) off 0.1%. The Philadelphia Housing Index was rising 0.8%, and the Real Estate Select Sector SPDR Fund (XLRE) was adding 0.6%. Bitcoin (BTC-USD) was declining 0.7% to $63,199, and the...
Sector Update: Energy
Sector Update: Energy
Oct 3, 2024
01:31 PM EDT, 09/23/2024 (MT Newswires) -- Energy stocks were higher Monday afternoon, with the NYSE Energy Sector Index rising 0.4% and the Energy Select Sector SPDR Fund (XLE) up 0.5%. The Philadelphia Oil Service Sector index was posting a 0.6% increase, and the Dow Jones US Utilities index was adding 0.8%. Front-month West Texas Intermediate crude oil was declining...
US STOCKS-Wall St rises after Fed policymakers back rate cuts
US STOCKS-Wall St rises after Fed policymakers back rate cuts
Oct 3, 2024
* Survey: US business activity steady in September * Intel ( INTC ) gains on report of Apollo's investment offer * GM slips after Bernstein downgrades stock * Indexes up: Dow 0.13%, S&P 500 0.23%, Nasdaq 0.17% (Updates to mid-afternoon, adds analyst comment) By Echo Wang Sept 23 (Reuters) - Wall Street's main indexes rose in mid-afternoon on Monday as...
Sector Update: Tech
Sector Update: Tech
Oct 3, 2024
01:35 PM EDT, 09/23/2024 (MT Newswires) -- Tech stocks were mixed Monday afternoon, with the Technology Select Sector SPDR Fund (XLK) decreasing 0.2% and the SPDR S&P Semiconductor ETF (XSD) marginally higher. The Philadelphia Semiconductor index rose 0.2%. In corporate news, Apollo Global Management ( APO ) has offered to invest as much as $5 billion in Intel ( INTC...
Copyright 2023-2026 - www.financetom.com All Rights Reserved