<div id="readability-page-1">09:18 AM EST, 12/05/2025 (MT Newswires) -- Financial stocks were leaning lower premarket Friday, with the Financial Select Sector SPDR Fund (XLF) declining by 0.1%.The Direxion Daily Financial Bull 3X Shares ( FAS ) was down 0.2% and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 0.5% higher.SoFi Technologies ( SOFI ) stock was down more than 7% after the company said it is launching a $1.5 billion common stock offering.Blackstone's (BX) preliminary talks for a potential deal with Big Yellow Group have ended after the British self-storage company said Thursday there was no basis to continue discussions on a potential transaction. Blackstone shares were up 1% pre-bell.Visa (V) will move its European headquarters from London's Paddington district to One Canada Square in Canary Wharf under a 15-year lease starting in summer 2028, Canary Wharf Group said. Visa shares were slightly lower premarket. MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.</div>

SOFI

Financial stocks are trending lower premarket, with the Financial Select Sector SPDR Fund (XLF) down 0.1%. SoFi Technologies (SOFI) fell over 7% due to a $1.5 billion stock offering. Blackstone's (BX) talks with Big Yellow Group ended, boosting BX shares by 1%. Visa (V) plans to relocate its European HQ to Canary Wharf by 2028, with shares slightly down premarket.

Sector Update: Financial Stocks Lean Lower Premarket Friday