08:58 AM EDT, 08/25/2025 (MT Newswires) -- Financial stocks were declining premarket Monday, with the Financial Select Sector SPDR Fund (XLF) down 0.2%.
The Direxion Daily Financial Bull 3X Shares (FAS) was 0.7% lower and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was up 0.6%.
Prudential's (PUK) move to pare its stake in Asian subsidiary Eastspring Investments, exploring options such as a partial sale or partnership, has stalled due to concerns over valuation and deal structure, Bloomberg reported, citing people familiar with the matter. Prudential stock was up nearly 2% pre-bell.