09:17 AM EDT, 05/09/2024 (MT Newswires) -- Financial stocks were leaning lower premarket Thursday as the Financial Select Sector SPDR Fund ( XLF ) was slightly down recently.
The Direxion Daily Financial Bull 3X Shares ( FAS ) was 0.1% higher and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was up 0.3%.
Robinhood Markets ( HOOD ) was up nearly 7% after it reported that it swung to Q1 earnings as revenue increased during the period.
Banco Bilbao Vizcaya Argentaria ( BBVA ) made an 11.5 billion euro ($12.4 billion) offer for Banco de Sabadell directly to shareholders after the latter rejected a similar offer made on April 30, Bloomberg reported, citing a BBVA filing. BBVA was down more than 6% pre-bell.
Brookfield (BN) was slightly higher after it reported Q1 distributable earnings of $0.77 per share, up from $0.72 a year earlier.