Financial stocks advanced pre-bell Thursday as the Financial Select Sector SPDR Fund (XLF) was 0.01% lower recently.
The Direxion Daily Financial Bull 3X Shares (FAS) was up 0.3% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.2% lower.
Robinhood Markets (HOOD) plans to introduce checking and savings accounts for its gold members this year, offering a savings rate of approximately 4% annually, Bloomberg News reported, citing an interview with the vice president and general manager of the company. Robinhood Markets shares were 0.3% higher premarket.
BlackRock (BLK) is meeting with pension funds in Brazil to expand in the country, Bloomberg News reported. BlackRock shares were down 1.1% premarket.
Blackstone's (BX) Blackstone Europe's 115 British pence per share ($1.48) final all-cash takeover proposal could be recommended to Warehouse REIT's shareholders if the asset manager puts a firm offer, the latter said. Blackstone shares were 0.3% lower pre-bell.