Financial stocks were advancing pre-bell Monday with the Financial Select Sector SPDR Fund (XLF) 0.8% higher recently.
The Direxion Daily Financial Bull 3X Shares (FAS) was up 2.1% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 2.1% lower.
Iren (IREN) shares were up more than 2% after the company said it has closed its offering of $550 million of 3.5% convertible senior notes due 2029 in a private offering.
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