Financial stocks were leaning lower pre-bell Wednesday, with The Financial Select Sector SPDR Fund (XLF) down 0.1%.
The Direxion Daily Financial Bull 3X Shares (FAS) was down 0.4% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.5% higher.
Royal Bank of Canada (RY) shares were up over 2% after the company reported higher fiscal Q4 adjusted earnings and revenue in addition to raising its quarterly dividend.
TPG (TPG) is considering a possible sale of Crunch Fitness that could value the gym chain at over $1.5 billion, including debt, Reuters reported, citing people familiar with the matter. TPG shares were down 0.5% premarket.
Prudential Financial (PRU) said it appointed Andrew Sullivan to succeed Charles Lowrey as chief executive, effective March 31. Prudential Financial shares were 0.7% lower pre-bell.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.