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Sector Update: Financial Stocks Gain Pre-Bell Thursday
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Sector Update: Financial Stocks Gain Pre-Bell Thursday
Mar 7, 2024 6:51 AM

09:19 AM EST, 03/07/2024 (MT Newswires) -- Financial stocks were gaining pre-bell Thursday with the Financial Select Sector SPDR Fund ( XLF ) 0.4% higher recently.

The Direxion Daily Financial Bull 3X Shares ( FAS ) was up 0.9% and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 0.9% lower.

Hamilton Insurance Group's ( HG ) was up more than 7% after the company reported a swing to Q4 net income as revenue almost doubled during the period.

Cisco ( CSCO ) and Banco Bilbao Vizcaya Argentaria ( BBVA ) said they have signed a five-year strategic whole portfolio agreement, giving the bank access to Cisco's ( CSCO ) full software portfolio. Banco Bilbao was over 1% higher in recent premarket activity.

Goldman Sachs BDC ( GSBD ) was up 0.1% after it priced an offering of $400 million principal amount of 6.375% notes due 2027.

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