Sector Update: Financial Stocks Edge Higher Premarket Wednesday

MT newswire2026/10/21 13:21

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09:21 AM EDT, 10/21/2026 (MT Newswires) -- Financial stocks were edging higher premarket Wednesday, with the State Street Financial Select Sector SPDR ETF (XLF) advancing by 0.4%. The Direxion Daily Financial Bull 3X Shares (FAS) was up 1.1% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 1.2% lower. Moody's (MCO) stock was down more than 2% even after the company reported higher Q3 adjusted earnings and revenue. Northern Trust (NTRS) shares were up 0.3% after the company reported higher Q3 earnings and revenue. CME Group (CME) shares were 0.6% lower even after the company posted higher Q3 adjusted earnings and revenue.

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