---
title: "Sector Update: Financial Stocks Decline Premarket Friday"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/284014671.md"
description: "Financial stocks are declining premarket, with the State Street Financial Select Sector SPDR ETF (XLF) down 0.4%. The Direxion Daily Financial Bull 3X Shares (FAS) fell 1.1%, while the Direxion Daily Financial Bear 3X Shares (FAZ) rose 1.3%. Western Union (WU) shares dropped over 10% due to lower Q1 earnings and revenue. Jefferies Financial Group (JEF) stock decreased by 0.5% after pricing a $1.1 billion public offering of senior notes. Conversely, First Hawaiian (FHB) shares increased by 1.7% following higher Q1 earnings and revenue."
datetime: "2026-04-24T13:18:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/284014671.md)
  - [en](https://longbridge.com/en/news/284014671.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/284014671.md)
---

# Sector Update: Financial Stocks Decline Premarket Friday

09:18 AM EDT, 04/24/2026 (MT Newswires) -- Financial stocks were declining premarket Friday, with the State Street Financial Select Sector SPDR ETF (XLF) down 0.4%.

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

Western Union ( WU ) shares were down more than 10% after the company posted lower Q1 adjusted earnings and revenue.

Jefferies Financial Group ( JEF ) stock was 0.5% lower after the company priced its public offering of $1.1 billion of 5.125% senior notes due April 28, 2031.

First Hawaiian ( FHB ) shares were up 1.7% after the company reported higher Q1 earnings and revenue.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

### Related Stocks

- [JEF.US](https://longbridge.com/en/quote/JEF.US.md)
- [FHB.US](https://longbridge.com/en/quote/FHB.US.md)
- [WU.US](https://longbridge.com/en/quote/WU.US.md)
- [FAZ.US](https://longbridge.com/en/quote/FAZ.US.md)
- [FAS.US](https://longbridge.com/en/quote/FAS.US.md)
- [XLF.US](https://longbridge.com/en/quote/XLF.US.md)

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