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Sector Update: Financial

Sector Update: Financial

MT newswireMT newswire2026/10/22 13:00
09:00 AM EDT, 10/22/2026 (MT Newswires) -- Financial shares were declining premarket Thursday, with the State Street Financial Select Sector SPDR ETF (XLF) 0.4% lower. The Direxion Daily Financial Bull 3X Shares (FAS) was down 1.2% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 1.3% higher. Blackstone (BX) stock was down more than 3% after the company posted lower Q3 distributable earnings and revenue.
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