09:04 AM EDT, 09/03/2025 (MT Newswires) -- Financial stocks were declining premarket Wednesday, with the Financial Select Sector SPDR Fund (XLF) 0.4% lower.

The Direxion Daily Financial Bull 3X Shares (FAS) was 1% lower and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was up 1%.

Green Dot ( GDOT ) shares were up more than 3% after the company said it plans to exit operations in China by the end of the year, in a decision that is expected to lower annual costs by $6 million to $7 million.