
Sector Update: Financial Stocks Lean Lower Premarket Monday

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Financial stocks are down premarket Monday, with the State Street Financial Select Sector SPDR ETF (XLF) declining 0.1%. Mizuho Financial (MFG) shares fell over 3% amid uncertainty on an investment in Rakuten Bank. BlackRock (BLK) is considering a $5-$10 billion investment in SpaceX's IPO, with its stock up 1%. Aon (AON) plans to launch a new digital trading platform, but its shares are down 0.7%.
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