09:18 AM EDT, 06/02/2026 (MT Newswires) -- Financial stocks were leaning lower pre-bell Tuesday, with the State Street Financial Select Sector SPDR ETF (XLF) declining by 0.2%.

The Direxion Daily Financial Bull 3X Shares (FAS) was down 0.4% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.7% higher.

UP Fintech Holding ( TIGR ) stock was down more than 2% after the company said it swung to a Q1 non-GAAP loss.

BlackRock ( BLK ) is set to acquire a 15% stake in Japanese taxi-hailing app Go as part of the company's planned initial public offering, Nikkei Asia reported, citing sources and securities filing details. BlackRock ( BLK ) shares were 0.5% lower premarket.

UBS (UBS) is set to raise at least $500 million in Additional Tier 1 bonds denominated in US dollars, Bloomberg reported, citing a person familiar with the matter. UBS shares were 0.4% higher pre-bell.