09:16 AM EDT, 10/07/2025 (MT Newswires) -- Financial stocks were rising pre-bell Tuesday, with The Financial Select Sector SPDR Fund (XLF) advancing by 0.2%.

The Direxion Daily Financial Bull 3X Shares ( FAS ) was up 0.8% and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 0.7% lower.

Intercontinental Exchange ( ICE ) shares were up more than 3% after the company said it has signed a deal to invest up to $2 billion in Polymarket, reflecting a roughly $8 billion pre-investment valuation.

PayPal Holdings ( PYPL ) stock was over 4% higher after the company said it is launching an ads manager platform to enable small businesses that use PayPal ( PYPL ) to make money from their existing store traffic.

Citigroup ( C ) is reportedly planning to pursue its plans for an IPO for its retail business unit in Mexico despite attracting a new offer from Groupo Mexico, Reuters reported. Citigroup ( C ) shares were 0.5% higher premarket.