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Sector Update: Financial Stocks Decline Pre-Bell Wednesday

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Financial stocks were declining pre-bell Wednesday, with the State Street Financial Select Sector SPDR ETF (XLF) 0.1% lower.

The Direxion Daily Financial Bull 3X Shares (FAS) was up 0.2% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.1% higher.

S&P Global (SPGI) stock was up more than 2% after the company said it has completed the spinoff of its Mobility division into an independent publicly traded company, Mobility Global.

FactSet Research Systems (FDS) shares were down more than 4% even after the company reported higher fiscal Q3 adjusted earnings and revenue.

Klarna Group (KLAR) shares were up more than 10% after the company said a court ruled in favor of its PriceRunner unit, awarding it $1.97 billion in damages in an antitrust lawsuit against Alphabet's (GOOG, GOOGL) Google.

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Sector Update: Energy Stocks Decline Late Afternoon

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Sectors

Sector Update: Financial Stocks Edge Lower Late Afternoon

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