08:58 AM EDT, 09/18/2025 (MT Newswires) -- Financial stocks were edging higher premarket Thursday, with the Financial Select Sector SPDR Fund (XLF) advancing by 0.3%.

The Direxion Daily Financial Bull 3X Shares (FAS) was 0.7% higher and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was down 0.9%.

Radian Group ( RDN ) shares were up more than 5% after the company said it will acquire Lloyd's specialty insurer, Inigo, for $1.7 billion in an all-cash deal, to expand its product offerings and better deploy excess capital.