09:21 AM EST, 03/04/2024 (MT Newswires) -- Financial stocks were leaning lower premarket Monday with the Financial Select Sector SPDR Fund ( XLF ) recently declining by 0.4%.

The Direxion Daily Financial Bull 3X Shares ( FAS ) was down 0.7% and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 1% higher.

ING Groep ( ING ) was up nearly 2% after saying it started a share repurchase program for up to 50 million euros ($54.2 million) of the company's ordinary shares.

KKR (KKR) is considering selling its stake in the Philippines' largest private hospital operator, Bloomberg reported late Friday, citing people with knowledge of the matter. KKR was slipping past 2% pre-bell.