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Sector Update: Financial Stocks Edge Higher Premarket Friday

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

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

JPMorgan Chase (JPM) and Nomura Holdings (NMR) are among the firms picked by Waaree Energies to manage its planned share sale, which could raise up to $700 million, Bloomberg reported, citing people familiar with the matter. Nomura Holdings shares were up 1% pre-bell.

Apollo Global Management (APO) has received the European Commission's approval for its funds under Apollo Capital Management to acquire Nippon Sheet Glass, according to a statement. Apollo Global Management stock was 0.2% higher premarket.

Blackstone (BX) is in talks to sell its 45% stake in Leica Camera to Asian investment firm HSG, Bloomberg reported Friday, citing sources familiar with the matter. Shares of Blackstone were 0.3% higher pre-bell.

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