Sector Update: Financial Stocks Rise Premarket Thursday

MT Newswires Live

Nov 20

Financial stocks were rising premarket Thursday, with the Financial Select Sector SPDR Fund (XLF) advancing by 0.8%.

The Direxion Daily Financial Bull 3X Shares (FAS) was up 2.4% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 2.2% lower.

FinVolution Group (FINV) shares were down nearly 7% after the company reported a decline in Q3 adjusted earnings and cut its 2025 revenue outlook.

KKR (KKR) is seeking to raise $15 billion for its fifth Asia private equity fund, Reuters reported, citing people familiar with the matter. KKR stock was up more than 2% pre-bell.

Deutsche Bank (DB) Chief Executive Christian Sewing said at a conference that the bank's return on tangible equity, a measure of profitability, will increase year-on-year in 2026, Reuters reported. Deutsche Bank shares were 0.1% higher premarket.

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KKR stock was up more than 2% pre-bell.</p><p>Deutsche Bank (DB) Chief Executive Christian Sewing said at a conference that the bank's return on tangible equity, a measure of profitability, will increase year-on-year in 2026, Reuters reported. Deutsche Bank shares were 0.1% higher premarket.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0648001328.SGD","symbol_name":"Natixis Harris Associates US Equity RA SGD","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2584130384","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2584130384","pubTimestamp":1763648404,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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