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Sector Update: Financial Stocks Decline Premarket Tuesday

Sector Update: Financial Stocks Decline Premarket Tuesday

MT newswireMT newswire2026/09/15 13:15
09:15 AM EDT, 09/15/2026 (MT Newswires) -- Financial stocks were declining premarket Tuesday, with the State Street Financial Select Sector SPDR ETF (XLF) 0.1% lower. The Direxion Daily Financial Bull 3X Shares (FAS) was down 1% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.1% lower. Enova International (ENVA) shares were down more than 21% after the company withdrew its applications with the Office of the Comptroller of the Currency and the Board of Governors of the Federal Reserve System for the proposed acquisition of Grasshopper Bancorp. Genworth Financial (GNW) stock was down more than 6% after the company said a UK Court of Appeal ruling found Santander (SAN) not liable for the vast majority of AXA's losses tied to the historic mis-selling of payment protection insurance policies. Citigroup (C) expects revenue from its markets business to grow at a mid-single-digit rate in Q3 from a year earlier, Chief Financial Officer Gonzalo Luchetti said. Citigroup shares were 0.6% higher pre-bell.
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