Sector Update: Financial Stocks Lean Lower Premarket Friday

09:19 AM EDT, 09/04/2026 (MT Newswires) -- Financial stocks were leaning lower premarket Friday, with the State Street Financial Select Sector SPDR ETF (XLF) declining by 0.6%. The Direxion Daily Financial Bull 3X Shares (FAS) was down 1.3% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 1.6% higher. AMC Entertainment (AMC) CEO Adam Aron criticized Robinhood Markets (HOOD) on X Thursday after the digital trading platform launched a tokenized version of AMC shares, referring to the practice as "contemptible" and "outrageous". Shares of Robinhood Markets were down more than 3% pre-bell. Deutsche Bank (DB) led an effort to provide about $950 million of credit to properties owned by troubled Hollywood studio landlord Hackman Capital Partners, which is now in default, the Financial Times reported, citing court records and people familiar with the matter. Deutsche Bank stock was 0.9% lower premarket. KKR's (KKR) KKR-Income Trust I saw investor withdrawal requests fall to about 2.5% of net asset value in the Q3 2026, Bloomberg reported. KKR shares were down more than 1% pre-bell.