financetom
Market
financetom
/
Market
/
Sector Update: Financial Stocks Advance Premarket Wednesday
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Financial Stocks Advance Premarket Wednesday
Oct 8, 2025 6:45 AM

09:22 AM EDT, 10/08/2025 (MT Newswires) -- Financial stocks were advancing premarket Wednesday, with the Financial Select Sector SPDR Fund (XLF) 0.2% higher.

The Direxion Daily Financial Bull 3X Shares ( FAS ) was up 0.5% and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 0.4% lower.

Marex Group ( MRX ) shares were up more than 3% after the company said it expects Q3 adjusted earnings in a range of $0.92 to $0.97 per diluted share.

JPMorgan Chase ( JPM ) shares were 0.3% higher after the company said it will invest between 300 million British pounds ($402.6 million) and 350 million pounds to modernize and expand its Bournemouth campus in the UK.

UBS Group ( UBS ) has shelved a planned risk transfer deal tied to about 2 billion francs ($2.5 billion) of loans, Bloomberg reported, citing people familiar with the matter. UBS Group ( UBS ) shares were up 0.4% pre-bell.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Gold Continues a Record Run as it Firms Above US$4,000 per Ounce
Gold Continues a Record Run as it Firms Above US$4,000 per Ounce
Oct 8, 2025
09:34 AM EDT, 10/08/2025 (MT Newswires) -- Gold continued its record run early Wednesday, posting its second day above the US$4,000 mark on high demand and buying pressure despite a higher dollar. Gold for December delivery was last seen up US$61.00 to $4,065.40 per ounce. The price of the metal has now climbed 11% over the past month and 54%...
Sector Update: Energy Stocks Edge Higher Premarket Wednesday
Sector Update: Energy Stocks Edge Higher Premarket Wednesday
Oct 8, 2025
09:27 AM EDT, 10/08/2025 (MT Newswires) -- Energy stocks were edging higher premarket Wednesday, with the Energy Select Sector SPDR Fund ( XLE ) advancing by nearly 0.2%. The United States Oil Fund ( USO ) was nearly 0.3% higher and the United States Natural Gas Fund ( UNG ) was down 1.8%. Front-month US West Texas Intermediate crude oil...
Sector Update: Health Care Stocks Rise Pre-Bell Wednesday
Sector Update: Health Care Stocks Rise Pre-Bell Wednesday
Oct 8, 2025
09:24 AM EDT, 10/08/2025 (MT Newswires) -- Health care stocks were rising pre-bell Wednesday, with the Health Care Select Sector SPDR Fund ( XLV ) 0.2% higher and the iShares Biotechnology ETF (IBB) up 0.5%. Zenas BioPharma ( ZBIO ) has been granted a license for the global development and commercialization rights to orelabrutinib for multiple sclerosis and all therapeutic...
Sector Update: Financial Stocks Advance Premarket Wednesday
Sector Update: Financial Stocks Advance Premarket Wednesday
Oct 8, 2025
09:22 AM EDT, 10/08/2025 (MT Newswires) -- Financial stocks were advancing premarket Wednesday, with the Financial Select Sector SPDR Fund (XLF) 0.2% higher. The Direxion Daily Financial Bull 3X Shares ( FAS ) was up 0.5% and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 0.4% lower. Marex Group ( MRX ) shares were up...
Copyright 2023-2025 - www.financetom.com All Rights Reserved