Sector Update: Financial Stocks Advance Premarket Friday

MT Newswires Live

2025/08/22

Financial stocks were advancing premarket Friday, with the Financial Select Sector SPDR Fund (XLF) up 0.4%.

The Direxion Daily Financial Bull 3X Shares (FAS) was 1% higher and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was down 0.7%.

Blackstone (BX) is set to win the bidding for Warehouse REIT after rival bidder Tritax BigBox REIT said in a filing Friday that it will not raise its offer for the company and that its offer is final. Blackstone stock was 0.7% higher pre-bell.

LendingTree (TREE) shares were up more than 1% after the company said it has closed a $475 million credit facility consisting of a $400 million five-year term loan B and a $75 million revolving credit facility.

JPMorgan Chase (JPM) will pay the Malaysian government 1.4 billion Malaysian ringgit ($330 million) as part of a deal to settle matters related to its role in the scandal at state fund 1Malaysia Development Berhad, according to news outlets, citing a statement by both parties. JPMorgan Chase shares were up 0.5% premarket.

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Blackstone stock was 0.7% higher pre-bell.</p><p><a href=\"https://laohu8.com/S/TREE\">LendingTree</a> (TREE) shares were up more than 1% after the company said it has closed a $475 million credit facility consisting of a $400 million five-year term loan B and a $75 million revolving credit facility.</p><p>JPMorgan Chase (JPM) will pay the Malaysian government 1.4 billion Malaysian ringgit ($330 million) as part of a deal to settle matters related to its role in the scandal at state fund 1Malaysia Development Berhad, according to news outlets, citing a statement by both parties. JPMorgan Chase shares were up 0.5% premarket.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0943347566.SGD","symbol_name":"安联收益及增长平衡基金AM H2-SGD","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2561710472","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2561710472","pubTimestamp":1755868349,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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