Sector Update: Financial Stocks Advance Pre-Bell Thursday
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Financial stocks showed positive movement pre-bell on Thursday, with the State Street Financial Select Sector SPDR ETF (XLF) rising 0.6%. The Direxion Daily Financial Bull 3X Shares (FAS) increased by 1.8%, while the Direxion Daily Financial Bear 3X Shares (FAZ) fell by 1.8%. Brookfield (BN) shares were up 0.6% following a report of higher Q1 earnings. Fiserv (FISV) shares rose over 2% as it collaborates with OpenAI to enhance its platforms. Brookfield Asset Management (BAM) is close to securing a $935 million loan for its acquisition of World Freight, with BAM stock up more than 1% premarket.
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