08:37 AM EST, 01/29/2025 (MT Newswires) -- Financial stocks were edging lower pre-bell Wednesday, with The Financial Select Sector SPDR Fund (XLF) retreating 0.3%.

The Direxion Daily Financial Bull 3X Shares (FAS) was 0.8% lower and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was up 0.8%.

LendingClub ( LC ) shares were down 19% pre-bell Wednesday after the company reported late Tuesday lower Q4 net income.