Sector Update: Financial Stocks Edge Higher Premarket Friday

MT Newswires Live
2025/11/28

Financial stocks were edging higher premarket Friday, with the Financial Select Sector SPDR Fund (XLF) advancing by 0.1%.

The Direxion Daily Financial Bull 3X Shares (FAS) was up 0.3% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.2% lower.

WTW (WTW) is in discussions to acquire NatWest's (NWG) 85% stake in its Cushon employee retirement platform business, Sky News reported, without citing sources. WTW shares were up 0.3% premarket.

Kaspi.kz (KSPI) stock was up more than 1% after the company said it now expects to complete its acquisition of Rabobank's Turkish unit Rabobank AS in mid-2026, instead of the second half of 2025.

JPMorgan Chase (JPM) shares were 0.3% higher after the company said it plans to build a new three-million square feet tower in London with a capacity for up to 12,000 employees that will serve as its main headquarters in the UK.

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