09:22 AM EDT, 03/20/2024 (MT Newswires) -- Financial stocks were leaning lower premarket Wednesday, with the Financial Select Sector SPDR Fund ( XLF ) down nearly 0.2%.

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

Nasdaq (NDAQ) stock was nearly 4% lower after the company said that an earlier announced secondary offering by Borse Dubai of about 27 million Nasdaq shares was priced at $59 per share.

JPMorgan Chase ( JPM ) shares were up 0.2% after the company raised its quarterly dividend to $1.15 per share, payable April 30 to shareholders on record as of April 5.

The Carlyle Group's ( CG ) offer to finance the purchase of a 40% stake in the Minnesota Timberwolves by Alex Rodriguez and Marc Lore purchase was rejected by the National Basketball Association, Axios reported, citing a source. Carlyle's stock was down 0.1% in recent Wednesday premarket activity.