Sector Update: Financial

09:04 AM EDT, 09/01/2026 (MT Newswires) -- Financial stocks were leaning lower premarket Tuesday, with the State Street Financial Select Sector SPDR ETF (XLF) declining by 0.2%. The Direxion Daily Financial Bull 3X Shares (FAS) was down 0.4% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.3% higher. Citigroup (C) is planning to expand its global corporate banking team that serves North Asian clients by about 25% in 2026, Bloomberg reported, citing a company executive. Citigroup stock was down 0.5% pre-bell.