09:19 AM EST, 01/22/2025 (MT Newswires) -- Financial stocks were leaning lower premarket Wednesday as the Financial Select Sector SPDR Fund (XLF) declined by 0.2% recently.

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

Travelers (TRV) shares rose past 5% after the company reported higher Q4 core earnings and revenue.

Ally Financial ( ALLY ) shares advanced by over 8% after the company reported higher Q4 adjusted earnings. The company also said it has agreed to sell its credit card business to CardWorks.

Comerica ( CMA ) shares were down more than 2% after the company reported Q4 adjusted earnings and revenue that missed market expectations.