financetom
Business
financetom
/
Business
/
Sector Update: Financial Stocks Advance Pre-Bell Friday
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Financial Stocks Advance Pre-Bell Friday
Oct 10, 2025 6:42 AM

09:15 AM EDT, 10/10/2025 (MT Newswires) -- Financial stocks were advancing pre-bell Friday, with the Financial Select Sector SPDR Fund (XLF) 0.1% higher.

The Direxion Daily Financial Bull 3X Shares ( FAS ) was slightly higher and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was down 0.1%.

Runway Growth Finance ( RWAY ) said it has agreed to acquire SWK Holdings ( SWKH ) for around $220 million in cash and stock. Shares of SWK Holdings ( SWKH ) were up more than 21% premarket.

Carlyle (CG), in a partnership with the Qatar Investment Authority, has agreed to acquire BASF's automotive and surface treatment coatings businesses at an enterprise value at 7.7 billion euros ($8.91 billion), the companies and the sovereign wealth fund said in a joint statement. Carlyle Group ( CG ) shares were down more than 1% pre-bell.

JPMorgan Chase ( JPM ) is mandating employees to share their biometric data, including fingerprints or eye scans, to access the company's new headquarters in Manhattan, the Financial Times reported, citing internal emails. JPMorgan Chase ( JPM ) stock was 0.2% higher premarket.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
--PepsiCo Faces FTC Price Discrimination Suit, Bloomberg Reports
--PepsiCo Faces FTC Price Discrimination Suit, Bloomberg Reports
Jan 17, 2025
10:52 AM EST, 01/17/2025 (MT Newswires) -- Price: 148.23, Change: +1.69, Percent Change: +1.15 ...
Automaker group files lawsuit to block US automatic emergency braking rule
Automaker group files lawsuit to block US automatic emergency braking rule
Jan 17, 2025
WASHINGTON (Reuters) - A group representing major automakers on Friday said it filed lawsuit to block a landmark rule from the administration of President Joe Biden requiring nearly all new cars and trucks by 2029 to have advanced automatic emergency braking systems. The Alliance for Automotive Innovation, representing General Motors ( GM ), Toyota Motor ( TM ), Volkswagen and...
Update: Novo Nordisk's Ozempic, Wegovy Among Drugs Chosen for US Medicare Price Talks
Update: Novo Nordisk's Ozempic, Wegovy Among Drugs Chosen for US Medicare Price Talks
Jan 17, 2025
10:55 AM EST, 01/17/2025 (MT Newswires) -- (Updates with Novo Nordisk's ( NVO ) recent stock movement and company responses starting in the second paragraph.) Novo Nordisk's ( NVO ) Ozempic, Wegovy and Rybelsus are among the 15 additional drugs selected for US Medicare price negotiations, the Department of Health and Human Services said Friday. Novo Nordisk ( NVO )...
Bumble's Leadership Rewind: Founder Whitney Wolfe Herd To Step Back Into CEO Role
Bumble's Leadership Rewind: Founder Whitney Wolfe Herd To Step Back Into CEO Role
Jan 17, 2025
Bumble Inc. ( BMBL ) shares traded mixed on Friday following significant leadership and financial updates. The company announced that its Founder and Executive Chair, Whitney Wolfe Herd, will become its Chief Executive Officer effective mid-March 2025. Wolfe Herd will succeed Lidiane Jones, who has resigned from her position for personal reasons. However, Jones will remain CEO until the transition...
Copyright 2023-2026 - www.financetom.com All Rights Reserved