Sector Update: Financial Stocks Lean Lower Pre-Bell Tuesday
Financial stocks were leaning lower pre-bell Tuesday, with the State Street Financial Select Sector SPDR ETF (XLF) declining by 0.3%. The Direxion Daily Financial Bull 3X Shares (FAS) was down 0.8% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.5% higher. JPMorgan Chase (JPM) stock was down nearly 2% even after the company reported higher Q2 earnings and revenue. Goldman Sachs (GS) shares were up more than 3% after the company posted higher Q2 earnings and revenue. Bank of America (BAC) stock was up 0.2% after the company reported higher Q2 earnings and revenue.
Financial stocks were leaning lower pre-bell Tuesday, with the State Street Financial Select Sector SPDR ETF (XLF) declining by 0.3%.
The Direxion Daily Financial Bull 3X Shares (FAS) was down 0.8% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.5% higher.
JPMorgan Chase (JPM) stock was down nearly 2% even after the company reported higher Q2 earnings and revenue.
Goldman Sachs (GS) shares were up more than 3% after the company posted higher Q2 earnings and revenue.
Bank of America (BAC) stock was up 0.2% after the company reported higher Q2 earnings and revenue.