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.
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.