09:22 AM EST, 11/19/2025 (MT Newswires) -- Financial stocks were edging higher premarket Wednesday, with the Financial Select Sector SPDR Fund (XLF) advancing by 0.1%.

The Direxion Daily Financial Bull 3X Shares ( FAS ) was up 0.2% and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 0.4% lower.

Qifu Technology (QFIN) stock was down more than 13% after the company reported a decline in Q3 non-GAAP earnings.

Lloyds Banking Group ( LYG ) shares were down more than 1% after the company said it is acquiring London-based digital wallet platform Curve.

Brookfield Asset Management ( BAM ) shares were 0.8% higher after the company said it has launched a $100 billion global artificial intelligence infrastructure initiative in partnership with Nvidia ( NVDA ) and the Kuwait Investment Authority.