financetom
Market
financetom
/
Market
/
Sector Update: Financial Stocks Lean Lower Pre-Bell Thursday
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Financial Stocks Lean Lower Pre-Bell Thursday
Jun 27, 2024 6:40 AM

09:21 AM EDT, 06/27/2024 (MT Newswires) -- Financial stocks were leaning lower pre-bell Thursday, with The Financial Select Sector SPDR Fund ( XLF ) down 0.2%.

The Direxion Daily Financial Bull 3X Shares ( FAS ) was down 0.8% and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 0.5% higher.

Marathon Digital Holdings ( MARA ) stock was up over 2% after the company said it has started mining Kaspa (KAS-USD), a proof-of-work digital asset, in a move to diversify its portfolio.

UBS (UBS) is reorganizing its global wealth management arm as part of its strategy to offer more investment services to its ultra-rich client base, multiple news outlets reported. UBS shares were 0.7% higher premarket.

Carlyle Group ( CG ) and KKR (KKR) have won a $10 billion student loan book auction from Discover Financial, Financial Times reported, citing four people with knowledge of the matter. Carlyle Group ( CG ) stock was over 2% higher 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 >
Japan's Nikkei at record high as SoftBank surges on AI bets
Japan's Nikkei at record high as SoftBank surges on AI bets
Sep 11, 2025
(Adds comments, updates with closing prices) By Junko Fujita TOKYO, Sept 11 (Reuters) - Japan's Nikkei share average marked a fresh closing high on Thursday, as optimism over the growth of AI-driven cloud businesses in the U.S. sent index heavyweight SoftBank Group's shares higher. The Nikkei rose 1.22% to close at 44,372.5, after rising as much as 1.3% to a...
US stock index futures muted ahead of key inflation data
US stock index futures muted ahead of key inflation data
Sep 11, 2025
(Reuters) -U.S. stock futures were subdued on Thursday as investors preferred to stay on the sidelines ahead of crucial inflation numbers that are likely to influence the Federal Reserve's monetary policy path. A reading of consumer prices is due at 8:30 a.m. ET, with inflation expected to have picked up in August. Last month's producer inflation numbers, released on Wednesday,...
US STOCKS-US stock index futures muted ahead of key inflation data
US STOCKS-US stock index futures muted ahead of key inflation data
Sep 11, 2025
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Futures up: Dow 0.05%, S&P 500 0.12%, Nasdaq 0.20% Sept 11 (Reuters) - U.S. stock futures were subdued on Thursday as investors preferred to stay on the sidelines ahead of crucial inflation numbers that are likely to influence the...
S&P 500 Settles At Record High After Inflation Data: Investor Sentiment Declines, Fear & Greed Index Remains In 'Neutral' Zone
S&P 500 Settles At Record High After Inflation Data: Investor Sentiment Declines, Fear & Greed Index Remains In 'Neutral' Zone
Sep 11, 2025
The CNN Money Fear and Greed index showed some decline in the overall market sentiment, while the index remained in the “Neutral” zone on Wednesday. U.S. stocks settled mixed on Wednesday, with the Dow Jones index falling more than 200 points during the session. The S&P 500, however, surged to new highs following data on wholesale prices. The Producer Price...
Copyright 2023-2026 - www.financetom.com All Rights Reserved