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Sector Update: Financial Stocks Lean Lower Premarket Tuesday
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Sector Update: Financial Stocks Lean Lower Premarket Tuesday
Jun 25, 2024 6:53 AM

09:24 AM EDT, 06/25/2024 (MT Newswires) -- Financial stocks were leaning lower premarket Tuesday as the Financial Select Sector SPDR Fund ( XLF ) fell by 0.2% recently.

The Direxion Daily Financial Bull 3X Shares ( FAS ) was down 0.4% and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 0.3% higher.

Toronto-Dominion Bank ( MLWIQXX ) shares were down 1.8% after the bank priced a public offering of $750 million of its 7.25% fixed rate reset limited recourse capital notes, series 4, due July 31, 2084.

Brookfield (BN) has signed a share purchase agreement with Impala and other shareholders to acquire roughly 53% of the outstanding shares of Neoen, a French renewable energy producer, for 39.9 euros ($42.8) per share, Neoen said. Brookfield was up 1.2% pre-bell.

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