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Sector Update: Financial

Sector Update: Financial

MT newswireMT newswire2026/11/06 13:05
09:05 AM EST, 11/06/2026 (MT Newswires) -- Financial stocks were falling pre-bell Friday, with the State Street Financial Select Sector SPDR ETF (XLF) declining by 1%. The Direxion Daily Financial Bull 3X Shares (FAS) was down 3.1% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 3.2% higher. ING Groep (ING) is offering a portfolio of data center loans worth roughly $500 million for sale through a so-called bids-wanted-in-competition process, Bloomberg reported, citing people familiar with the matter. Shares of ING were down more than 2% premarket.
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