09:12 AM EDT, 08/29/2025 (MT Newswires) -- Financial stocks were leaning lower premarket Friday, with the Financial Select Sector SPDR Fund (XLF) slightly declining.

The Direxion Daily Financial Bull 3X Shares ( FAS ) was 0.04% lower and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was up 0.49%.

Barclays ( BCS ) said its subsidiary, Barclays Principal Investments, agreed to sell its stake in the Entercard Group joint venture to partner Swedbank for 2.6 billion Swedish kronor ($274.6 million). Shares of Barclays ( BCS ) were down more than 3% pre-bell.

Stifel Financial ( SF ) said total client assets in July rose 9% to $522.3 billion from $481.45 billion a year earlier. Shares of Stifel Financial ( SF ) were 0.2% lower pre-bell.