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Sector Update: Financial Stocks Steady Premarket Tuesday
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Sector Update: Financial Stocks Steady Premarket Tuesday
May 21, 2024 6:44 AM

09:17 AM EDT, 05/21/2024 (MT Newswires) -- Financial stocks were steady premarket Tuesday as the Financial Select Sector SPDR Fund ( XLF ) was unchanged recently.

The Direxion Daily Financial Bull 3X Shares ( FAS ) was 0.3% lower and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was up 0.1%.

Ares Management ( ARES ) was up 0.3% after saying it is targeting over $750 billion in assets under management by 2028.

KKR (KKR) was up nearly 3% after saying it has acquired a minority stake in healthcare revenue cycle management firm Infinx Services.

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