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FINWIRES

Sector Update: Financial Stocks Rise Premarket Friday

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-- Financial stocks were rising premarket Friday, with the State Street Financial Select Sector SPDR ETF (XLF) advancing by 0.4%.

The Direxion Daily Financial Bull 3X Shares (FAS) was 1.1% higher and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was down 1.1%.

Aon (AON) shares were up more than 2% after the company reported higher Q1 adjusted earnings and revenue.

Ares Management (ARES) stock was up more than 2% after the company posted higher Q1 earnings and revenue.

Cboe Global Markets (CBOE) shares were up more than 5% after the company posted higher Q1 adjusted earnings and revenue.

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