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Sector Update: Financial Stocks Advance Premarket Wednesday

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Sector Update: Financial Stocks Advance Premarket Wednesday

Nov 12, 2025 6:46 AM

09:19 AM EST, 11/12/2025 (MT Newswires) -- Financial stocks were advancing premarket Wednesday, with the Financial Select Sector SPDR Fund (XLF) 0.1% higher.

The Direxion Daily Financial Bull 3X Shares ( FAS ) was up 0.4% and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 0.3% lower.

PayPal Holdings ( PYPL ) shares were 0.6% higher after the company said it is reintroducing its services in the UK as a single payment platform for clients to shop online and now in-stores.

JPMorgan Chase ( JPM ) has introduced the JPM Coin deposit token to institutional clients, Bloomberg reported, citing Naveen Mallela, global co-head of the bank's blockchain division Kinexys, as saying in an interview. JPMorgan Chase ( JPM ) shares were up 0.5% pre-bell.

Visa (V) said it launched a pilot program letting businesses fund Visa Direct payouts in fiat currency, while recipients can opt to receive funds in USD-backed stablecoins such as USDC in their wallets. Visa stock was down 0.1% premarket.

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