Sector Update: Financial

Last Updated: Friday, December 3, 2021 8:38 AM | MT Newswires

Financial stocks were marginally lower pre-bell Friday as the Select Financial Sector SPDR (XLF) was down 0.1%.

The Direxion Daily Financial Bull 3X was unchanged, and its bearish counterpart Direxion Daily Financial Bear 3X shares (FAZ) were down 0.4%.

In company news, Zillow (Z) rose about 10% after saying that it has made "significant progress in winding down" its Zillow Offers inventory and that its board has authorized a share-buyback program of up to $750 million.

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