Dj Vp Ming Registers 260000 Of Up Fintech Holding Ltd >Tigr

Financial stocks were leaning lower pre-bell Tuesday as the Financial Select Sector SPDR Fund declined by 0.1% recently.

The Direxion Daily Financial Bull 3X Shares was down 0.2% and its bearish counterpart Direxion Daily Financial Bear 3X Shares was 0.2% higher.

UP Fintech Holding shares were down more than 2% after the company reported higher Q3 adjusted earnings and revenue.

Blackstone Secured Lending Fund shares were up 0.5% after the company reported an increase in Q3 total investment income.

Carlyle Group is considering an initial public offering or sale of Flender, a Germany-based mechanical and electrical drive technology provider, as it looks to exit the business, Bloomberg reported, citing people familiar with the matter. Carlyle Group shares were down 0.3% premarket.

Financial stocks were leaning lower pre-bell Tuesday as the Financial Select Sector SPDR Fund (XLF) declined by 0.1% recently.

The Direxion Daily Financial Bull 3X Shares (FAS) was down 0.4% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.5% higher.

UP Fintech Holding shares were down more than 2% even after the company reported higher Q3 adjusted earnings and revenue.

The broad market exchange-traded fund SPDR S&P 500 ETF Trust was down 0.1% and the actively traded Invesco QQQ Trust retreated 0.1% in Tuesday's premarket activity as investors paused their buying rally to assess purchases.

US stock futures were also lower, with S&P 500 Index futures down 0.1%, Dow Jones Industrial Average futures slipping 0.1%, and Nasdaq futures losing 0.1% before the start of regular trading.

The National Federation of Independent Business Small Business Optimism Index rose to 93.7 in October from 91.5 in September.

Minneapolis Fed President Neel Kashkari speaks at 2 pm ET, and Philadelphia Fed President Patrick Harker at 5 pm ET.

In premarket activity, bitcoin was down by 0.6% and the cryptocurrency fund ProShares Bitcoin Strategy ETF declined by 0.5%.

Power Play:

Industrial

Industrial Select Sector SPDR Fund advanced 0.3% while the Vanguard Industrials Index Fund was flat, and the iShares US Industrials ETF (IYJ) was inactive.

Team stock was down 20% before the opening bell after the company reported a wider Q3 adjusted net loss late Monday and cut its 2024 revenue guidance.

Winners and Losers:

Technology

Technology Select Sector SPDR Fund retreated 0.2%, and the iShares US Technology ETF was flat, while the iShares Expanded Tech Sector ETF was up 0.1%. Among semiconductor ETFs, SPDR S&P Semiconductor ETF slipped by 0.2%, while the iShares Semiconductor ETF fell by 0.8%.

Grab Holdings shares were up 7.3% in recent Tuesday premarket activity after the company swung to Q3 earnings and reported higher revenue.

Health Care

The Health Care Select Sector SPDR Fund retreated 0.1%. The Vanguard Health Care Index Fund was inactive while the iShares US Healthcare ETF was down 0.8%. The iShares Biotechnology ETF declined by 0.1%.

Wave Life Sciences stock was down 4.2% premarket after the company reported a Q3 loss and no revenue.

Financial

Financial Select Sector SPDR Fund was down 0.2%. Direxion Daily Financial Bull 3X Shares fell 0.5%, while its bearish counterpart Direxion Daily Financial Bear 3X Shares was up 0.7%.

UP Fintech Holding shares were down 4.2% pre-bell Tuesday after the company reported higher year-over-year operating costs and expenses in Q3.

Consumer

The Consumer Staples Select Sector SPDR Fund was marginally higher by 0.04%, while the Vanguard Consumer Staples Fund was inactive. The iShares US Consumer Staples ETF was inactive, and the Consumer Discretionary Select Sector SPDR Fund lost 0.2%. The VanEck Retail ETF was inactive, while the SPDR S&P Retail ETF was down by 0.4%.

Home Depot shares were up 1.6% pre-bell after the company reported forecast-beating fiscal Q3 adjusted earnings and revenue.

Energy

The iShares US Energy ETF gained 0.6%, while the Energy Select Sector SPDR Fund was marginally up by 0.01%.

Talos Energy stock was down 1.5% before Tuesday's opening bell after the company swung to a Q3 adjusted net loss.

Commodities

Front-month US West Texas Intermediate crude oil gained 0.7% to reach $68.49 per barrel on the New York Mercantile Exchange. Natural gas declined by 0.3% to $2.91 per 1 million British Thermal Units. United States Oil Fund advanced 0.5%, while the United States Natural Gas Fund was down by 1%.

Gold futures for December decreased 0.3% to $2,611.20 an ounce on the Comex, while silver futures retreated 0.1% to $30.59 an ounce. SPDR Gold Shares declined by 0.6%, and iShares Silver Trust fell by 0.5%.