Sector Update: Financial Stocks Lean Higher Pre-Bell Tuesday

MT Newswires Live
2024-12-10

Financial stocks were leaning higher pre-bell Tuesday, with The Financial Select Sector SPDR Fund (XLF) marginally higher.

The Direxion Daily Financial Bull 3X Shares (FAS) was 0.2% higher and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was flat.

Arthur J. Gallagher (AJG) shares were down 3.4% pre-bell Tuesday after the company said late Monday it priced an offering of $8.50 billion of common shares at $280 per share.

Carlyle (CG), through its Carlyle Europe Technology Partners, agreed to sell 1E to TeamViewer for $720 million on a cash-free and debt-free basis, TeamViewer said Tuesday. Carlyle shares were down 0.3%.

Lazard (LAZ) on Tuesday reported preliminary assets under management of $234.38 billion as of Nov. 30, down from $235.84 billion a month earlier. Lazard shares were up 0.5%.

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