09:20 AM EDT, 08/02/2024 (MT Newswires) -- Financial stocks were leaning lower premarket Friday with the Financial Select Sector SPDR Fund ( XLF ) down 1%.

The Direxion Daily Financial Bull 3X Shares ( FAS ) was 3.2% lower and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was up 3.1%.

Marathon Digital Holdings ( MARA ) shares fell 3% after it reported a Q2 loss of $0.72 per diluted share, widening from a loss of $0.07 a year earlier.

Berkshire Hathaway (BRK.A) reduced its equity stake in Bank of America ( BAC ) further, selling 19.2 million of the shares for about $779 million between Tuesday and Thursday, a regulatory filing showed. Bank of America ( BAC ) shares were down more than 2% premarket.

Cboe Global Markets ( CBOE ) shares were up over 1% after it reported higher Q2 adjusted earnings and revenue.