Sector Update: Financial Stocks Fall Premarket Thursday
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Financial stocks fell premarket Thursday, with the State Street Financial Select Sector SPDR ETF down 0.4%. S&P Global shares dropped over 1% after announcing a spinoff of its mobility division. JPMorgan Chase's stock was down 0.4% as CEO Jamie Dimon indicated a shift towards hiring AI specialists. KKR's shares fell 2.3% following an $80 million investment in Fresha, valuing it over $1 billion.
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