Sector Update: Financial

MT Newswires Live
30 Sep 2024

Financial stocks were declining pre-bell Monday as the Financial Select Sector SPDR Fund (XLF) fell by 0.2% recently.

The Direxion Daily Financial Bull 3X Shares (FAS) was down 0.7% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.8% higher.

Nomura Holdings (NMR) was excluded as bond manager for multiple Japanese yen bond deals after authorities found market rule breaches, Bloomberg reported, citing underwriter announcements. Nomura Holdings shares were down more than 3% premarket.

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