SPY425.10+2.50 0.59%
DIA341.98+3.20 0.94%
IXIC14,369.71+97.98 0.69%

Sector Update: Financial

05/12/2021 05:10

08:58 AM EDT, 05/12/2021 (MT Newswires) -- Financial stocks were advancing premarket Wednesday with the Select Financial Sector SPDR (XLF) recently gaining 0.57% in value. The Direxion Daily Financial Bull 3X shares (FAS) were over 3% higher and its bearish counterpart Direxion Daily Financial Bear 3X shares (FAZ) were down more than 1.5%.

Aegon (AEG) was over 6% higher even after posting Q1 earnings of 0.18 euros ($0.22) per share, down from 0.61 euros per share a year earlier. Revenue was 6.73 billion euros, down from 7.68 billion euros a year earlier.