09:00 AM EST, 11/21/2025 (MT Newswires) -- Financial stocks were advancing premarket Friday, with the Financial Select Sector SPDR Fund (XLF) 0.7% higher.

The Direxion Daily Financial Bull 3X Shares (FAS) was up 2.3% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 2.1% lower.

White Mountains Insurance ( WTM ) stock was up more than 4% after the company said it has started a 'modified Dutch auction' self-tender offer to repurchase up to $300 million of its common shares at prices between $1,850 and $2,050 per share, in cash and without interest.