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Sector Update: Financial Stocks Rise Premarket Friday
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Sector Update: Financial Stocks Rise Premarket Friday
Aug 30, 2024 6:41 AM

09:14 AM EDT, 08/30/2024 (MT Newswires) -- Financial stocks rose in Friday's premarket hours, with The Financial Select Sector SPDR Fund ( XLF ) 0.4% higher.

The Direxion Daily Financial Bull 3X Shares ( FAS ) was up 0.8% and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 0.8% lower.

International Money Express ( IMXI ) said it has refinanced its debt through a new $425 million revolving credit facility maturing in 2029. The company's shares were up over 2% pre-bell.

UP Fintech Holding ( TIGR ) shares were more than 1% higher after the company reported Q2 revenue of $87.4 million, up from $66.1 million a year earlier.

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