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Sector Update: Financial Stocks Edge Higher Premarket Tuesday

Sector Update: Financial Stocks Edge Higher Premarket Tuesday

MT newswireMT newswire2026/11/10 13:18
09:18 AM EST, 11/10/2026 (MT Newswires) -- Financial stocks were edging higher premarket Tuesday, with the State Street Financial Select Sector SPDR ETF (XLF) advancing by 0.4%. The Direxion Daily Financial Bull 3X Shares (FAS) was up 0.5% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.7% lower. EToro Group (ETOR) shares were down more than 6% after the company posted lower Q3 adjusted earnings and revenue. Blackstone (BX), through its Singapore-based investment vehicle Ingot SG, is set to acquire a 15.57% stake in IIFL Finance through a preferential issue of compulsorily convertible preference shares worth 5,000 crore Indian rupees ($532 million), the company said. Blackstone stock was 0.9% lower pre-bell. Mastercard (MA) entered into a new partnership with Sage to serve as the card network partner for the British software firm's debit card capabilities, Sage said. Shares of Mastercard were up 0.9% premarket.
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