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Correction: Sector Update: Financial Stocks Steady Pre-Bell Monday
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Correction: Sector Update: Financial Stocks Steady Pre-Bell Monday
Jun 23, 2025 7:37 AM

10:12 AM EDT, 06/23/2025 (MT Newswires) -- (Corrects reference to FactSet Q3 revenue in the final paragraph.)

Financial stocks were steady pre-bell Monday with the Financial Select Sector SPDR Fund (XLF) inactive recently.

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

Fiserv ( FI ) shares were up more than 5% after the company said it plans to roll out a new Fiserv ( FI ) digital asset platform, including a new stablecoin that will be added to the company's current banking and payments infrastructure by the end of 2025.

Bank of New York Mellon ( BK ) recently approached Northern Trust ( NTRS ) to express interest in a potential merger between the companies, The Wall Street Journal reported, citing people familiar with the matter. Shares of Northern Trust ( NTRS ) were up more than 6% premarket.

FactSet Research Systems ( FDS ) shares were up more than 1% after the company reported lower fiscal Q3 adjusted earnings and higher revenue.

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