Sector Update: Financial Stocks Fall Pre-Bell Friday

09:19 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 1.1%. The Direxion Daily Financial Bull 3X Shares (FAS) was down 3% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 3.5% 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. Brookfield Asset Management (BAM) stock was up 1% after the company reported higher Q3 distributable earnings and revenue.