Sector Update: Financial Stocks Decline Pre-Bell Tuesday

MT Newswires Live

2024-10-22

Financial stocks were declining pre-bell Tuesday, with The Financial Select Sector SPDR Fund (XLF) 0.4% lower.

The Direxion Daily Financial Bull 3X Shares (FAS) was down 1.1% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 1.3% higher.

Invesco (IVZ) shares were 1% higher after the company reported Q3 adjusted earnings of $0.44 per diluted share, up from $0.35 a year earlier.

Fiserv (FI) shares were down more than 2% even after the company reported higher Q3 adjusted earnings and revenue.

BankUnited (BKU) shares advanced by over 1% after the company reported higher Q3 earnings and revenue.

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